Top Ten Investments-Amend

JPMorgan Fleming Mercantile IT PLC
2 February 2005


THE FOLLOWING REPLACES THE GEOGRAPHICAL DISTRIBUTION ANNOUNCEMENT RELEASED TODAY
AT 12.35 P.M. UNDER RNS NO 1109I.  THE HEADLINE SHOULD BE TOP 10 INVESTMENTS AND
NOT GEOGRAPHICAL DISTRIBUTION.



  January-05                                                                  
  JPMorgan Fleming Investment Trust                                           
  Ten Largest Investments                                                     
  in % of Total Assets.                                                       
                                                                                                                        
                                                                              
  Ten Largest Investments                                                     
  JP Morgan Fleming Mercantile Investment Trust                               
  EMI                                                                    2.1 
  BPB                                                                    2.1  
  P &O                                                                   2.0  
  Taylow Woodrow                                                         1.7  
  Persimmon                                                              1.7  
  Slough Estates                                                         1.6  
  Trinity Mirror                                                         1.6  
  Kesa Electricals                                                       1.5  
  Barratt Developments                                                   1.5  
  International Power                                                    1.5  
                                                                        17.3 
                                                                              



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