Asset Analysis

JPMorgan Fleming US Disc IT PLC
12 January 2004

ASSET ANALYSIS AS AT 31st December 2003




JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST plc

                                                             % funds as at 31/12/03
UK                                                                                      0
S&P 500                                                                                 0
Other US equities                                                                      99
Other equities                                                                          0
US bonds                                                                                0
CFI                                                                                     1
                                                                                      100




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