Ten Largest Investments

JPMorgan Fleming US Disc IT PLC
3 February 2004


Jan-04

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


Ten Largest Investments
JPMorgan Fleming US Discovery Investment Trust

Impax Laboratories                                            2.8
TTM Technologies                                              2.3
J&J Snack Food                                                2.3
Proassurance Corporation                                      2.3
Esterline Technologies                                        2.2
Marketwatch.com                                               2.2
American Healthways                                           2.2
Concur Technologies                                           2.1
Scansource                                                    2.0
SM&A                                                          1.9
                                                             22.3


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