Asset Analysis - Replacement

JPMorgan Fleming American IT PLC
9 February 2004

THIS ANNOUNCEMENT REPLACES PREVIOUS ANNOUNCEMENT MADE UNDER RNS: 1757V IN WHICH
WE STATED THE DATE AS 31ST JANUARY 2003, THIS SHOULD READ 31ST JANUARY 2004. ALL
OTHER DETAILS REMAIN THE SAME.


                         ASSET ANALYSIS AS AT 31st January 2004


JPMORGAN FLEMING AMERICAN INVESTMENT TRUST plc

                                                             % funds as at 31/01/04
UK                                                                                      0
S&P 500                                                                                80
Other US equities                                                                      17
Other equities                                                                          0
US bonds/fixed interest                                                                 0
Cash/ cash equivalents                                                                  3
                                                                                      100


                      This information is provided by RNS
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