Top Tens at 30 June 2005

JPMorgan Fleming Mercantile IT PLC
4 July 2005


30- June- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming Mercantile Investment Trust
Taylow Woodrow                                                              2.1
P&O                                                                         2.0
Persimmon                                                                   2.0
EMI                                                                         1.9
Corus                                                                       1.9
Barratt Developments                                                        1.8
Pilkington                                                                  1.7
Wimpey George                                                               1.7
Slough Estates                                                              1.7
GKN                                                                         1.6
                                                                           18.4



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