Top Tens at 31 July 2005

JPMorgan Fleming Mercantile IT PLC
02 August 2005

31- July- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming Mercantile Investment Trust
BPB                                                                          2.7
P&O                                                                          2.1
Taylow Woodrow                                                               2.0
Corus                                                                        2.0
Persimmon                                                                    2.0
Barratt Developments                                                         1.7
EMI                                                                          1.7
Pilkington                                                                   1.7
Slough Estates                                                               1.7
GKN                                                                          1.6
                                                                            19.2



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