Top Ten Largest Investments

Fleming Mercantile Inv Trust PLC
8 October 2003


30th September 2003
JPMorgan Fleming Investment Trust
Ten Largest Investments in % of Total Assets.

Ten Largest Investments
Fleming Mercantile Investment Trust
Hays                                                           1.9
Invensystems                                                   1.7
EMI                                                            1.7
Trinity Mirror                                                 1.7
Logicacmg                                                      1.6
Gresham Computing                                              1.6
Tate & Lyle                                                    1.5
Hammerson                                                      1.5
Carlton Communications                                         1.4
Barratt Developments                                           1.4
                                                                16
                                                              22.8


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