Portfolio Update

JPMorgan Fleming Eur Fldglng IT PLC
04 October 2005


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


Ten Largest Investments
JPMorgan Fleming European Fledgeling Investment Trust

JPM European Discovery Fund                                                 11.9
Nutreco                                                                      2.3
Fadesa Inmobiliaria                                                          2.3
Subsea                                                                       2.2
Andritz                                                                      2.2
Yit-Yhtyma                                                                   2.2
Aker Kvaerner                                                                2.1
JM                                                                           2.1
Veidekke                                                                     2.0
F.B.D                                                                        2.0
                                                                            31.3



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