Top 10 Largest Investments

JPMorgan Fleming Smaller Cos IT PLC
1 November 2004


October-04
JPMorgan Fleming Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments

JPMorgan Fleming Smaller Companies Investment Trust

Mcbride                                                                      2.2
Charter                                                                      1.9
Savills                                                                      1.9
Dana Petroleum                                                               1.9
Brewin Dolphin                                                               1.7
Peacock                                                                      1.7
Workspace                                                                    1.6
Corin                                                                        1.5
Kensington                                                                   1.5
McCarthy & Stone                                                             1.5
                                                                            17.4




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