Ten Largest EquityInvestments

JPMorgan Fleming Claverhouse IT PLC
2 April 2004


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

Ten Largest Investments                                          
JPMorgan Fleming Claverhouse Investment Trust                    

BP                                                        6.3    
Vodafone                                                  5.4    
HSBC                                                      5.4    
Barclays                                                  3.7    
GlaxoSmithKline                                           3.4    
JPMF UK Smaller Companies Fund                            3.1    
AstraZenca                                                2.8    
Royal Bank of Scotland                                    2.7    
HBOS                                                      2.7    
BT Group                                                  2.5    
                                                         38.0   



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