Ten LargestEquityInvestments

JPMorgan Fleming American IT PLC
2 April 2004



Mar-04                                                           
JPMorgan Fleming Investment Trust                                
Ten Largest Equity Investments                                   
in % of Total Assets.                                            

Ten Largest Investments                                          
JPMorgan Fleming American Investment Trust                       

Pfizer                                                    3.7    
Citigroup                                                 3.3    
General Electric                                          2.8    
Exxon Mobil                                               2.7    
Microsoft                                                 2.7    
American International                                    2.4    
IBM                                                       2.3    
JPMF American Micro Cap                                   2.2    
Johnson & Johnson                                         2.1    
Fleming US Discovery III Fund                             2.1    
                                                         26.3   


                      This information is provided by RNS
            The company news service from the London Stock Exchange