Ten Largest Investments

JPMorgan Fleming Mercantile IT PLC
04 January 2006


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


Ten Largest Investments

JPMorgan Fleming Mercantile Investment Trust

Persimmon                                                                    2.8
Pilkington                                                                   2.6
Corus                                                                        2.5
Slough Estates                                                               2.1
P&O                                                                          2.0
Taylor Woodrow                                                               2.0
EMI                                                                          1.9
Barratt Developments                                                         1.9
Whitbread                                                                    1.8
GKN                                                                          1.7
                                                                            21.3


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