Top 10 Largest Investments

JPMorgan Fleming US Disc IT PLC
2 September 2004

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




Ten Largest Investments
JPMorgan Fleming US Discovery Investment Trust
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Amercian Dental                                                         3.1
Impax Labratories                                                       2.5
Marketwatch.com                                                         2.4
NuCO2                                                                   2.2
Proassurance Corporation                                                2.2
Orient Express Hotels                                                   1.8
Gaylord Entertainment                                                   1.7
American Healthways                                                     1.7
Checkers Drive-In                                                       1.7
Whiting Petroleum                                                       1.7
                                                                       21.0



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