Top Ten Largest Investments

JPMorgan Fleming American IT PLC
2 December 2003


30th November 2003

JPMorgan Fleming Investment Trust
Ten Largest Investments in % of Total Assets.

Ten Largest Investments
JPMorgan Fleming Amercian Investment Trust

Pfizer                                                       4
Citigroup                                                  3.1
Microsoft                                                  2.8
General Electric                                           2.7
IBM                                                        2.5
Exxon Mobil                                                2.4
Fleming US Discovery Fund III                              2.2
Johnson & Johnson                                          2.1
JPMF America Micro Cap                                     2.1
American International                                       2
                                                          25.9

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