Top Ten Largest Investments

JP Morgan Flem Chinese Inv Tst PLC
5 January 2004

Dec-03                                                            
JPMorgan Fleming Investment Trust                                 
Ten Largest Investments                                           
in % of Total Assets.                                             

Ten Largest Investments                                           
JPMorgan Fleming Chinese Investment Trust                         

Aluminium Corp of China                                      3.3  
Skyworth Digital                                             3.3  
Fong's Industries                                            3.0  
TCL International                                            3.0  
Brilliance China                                             2.9  
Jiangxi Copper                                               2.7  
China Shipping Developments                                  2.7  
CITIC                                                        2.7  
China International Marine                                   2.5  
Chonqing Changan Auto                                        2.5  
                                                            28.6 


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