Top Tens as at 31.03.05

JPMorgan Fleming Mercantile IT PLC
4 April 2005

31st-March-05

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


Ten Largest Investments
JP Morgan Fleming Mercantile Investment Trust

EMI                                                                     2.0
Persimmon                                                               1.9
Taylow Woodrow                                                          1.9
P&O                                                                     1.9
Wimpey George                                                           1.8
Pilkington                                                              1.7
Barratt Developments                                                    1.7
Trinity Mirror                                                          1.7
Slough Estates                                                          1.6
GKN                                                                     1.6
                                                                       17.8



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