Ten Largest Investments

JPMorgan Fleming US Disc IT PLC
4 November 2003

  Oct-03                                                           

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

  Ten Largest Investments                                          
  JPMorgan Fleming US Discovery Investment Trust                   

  TTM Technologies                                          2.4    
  Proassurance                                              2.4    
  SCP Pool                                                  2.3    
  J&J Snack Food                                            2.2    
  Esterline Technologies                                    2.0    
  Concur Technologies                                       2.0    
  Impax Laboratories                                        2.0    
  SM&A                                                      2.0    
  Scansource                                                1.9    
  American Healthways                                       1.8    
                                                            21.0   

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