Sector Breakdown

Fleming Mercantile Inv Trust PLC
9 October 2003

September 2003

JP Morgan Fleming Investment Trust

Sector Breakdown in % of Total Assets


Fleming Mercantile Investment Trust

Cyclical Services                                                                                                  23.5
Financials                                                                                                         18.2
Basic Industries                                                                                                   15.5
Non-Cyclical Consumer Goods                                                                                        12.4
Cash                                                                                                                9.2
General Industrials                                                                                                 7.7
Information Technology                                                                                              6.7
Resources                                                                                                           1.7
Non-Cyclical Services                                                                                               1.6
Utilities                                                                                                           1.5
Cyclical Consumer Goods                                                                                             1.3
Fixed Interest                                                                                                      0.7
Total                                                                                                               100

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