geographical/sector/topten

JPMorgan Fleming Smaller Cos IT PLC
19 May 2003


                          Apr-03  
                                                             
                          JP Morgan Fleming Investment Trust                                   

                          Geographical Breakdowns % of Total Assets                            
                          
                          JPMorgan Fleming Smaller Companies Investment Trust                  
                          United Kingdom                                                  109.8
                          Cash                                                            (9.8)
                          Total                                                           100.0

                
                          Sector Breakdowns in % of Total Assets                               

                          JPMorgan Fleming Smaller Companies Investment Trust                  
                          Cyclical Services                                                38.5
                          Financials                                                       20.8
                          Information Technology                                           10.6
                          Basic Industries                                                 11.5
                          Non-Cyclical Consumer Goods                                       9.1
                          General Industrials                                               9.9
                          Cyclical Consumer Goods                                           3.9
                          Non-Cyclical Services                                             2.9
                          Resources                                                         2.6
                          Cash                                                            - 9.8
                          Total                                                           100.0


                          Ten Largest Investments in % of Total Assets.                        

                          Ten Largest Investments                                              
                          JPMorgan Fleming Smaller Companies Investment Trust                  
                          Future Networks                                                   2.3
                          Henlys Group                                                      2.0
                          Cranswick                                                         1.9
                          Clinton Cards                                                     1.7
                          Ebookers                                                          1.7
                          Mccarthy & Stone                                                  1.6
                          Wembley                                                           1.6
                          Speedy Hire                                                       1.6
                          Paragon Group of Companies                                        1.6
                          Bellway Group                                                     1.5
                                                                                           17.5



                      This information is provided by RNS
            The company news service from the London Stock Exchange