Geographical Distribution

JPMorgan Fleming US Disc IT PLC
14 July 2004


                    JPMORGAN FLEMING INVESTMENT TRUST              
                   GEOGRAPHICAL BREAKDOWNS % OF TOTAL
                       ASSETS AS AT 30th June 2004


JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST

                                                                      %
USA                                                               106.4
Cash                                                               -6.4
                                                                    100


                      This information is provided by RNS
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