Top Ten Largest Investments

JPMorgan Fleming Claverhouse IT PLC
2 July 2004



                                                                              
  Jun-04                                                                      

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

  Ten Largest Investments                                                     
  JPMorgan Fleming Claverhouse Investment Trust                               

  BP                                                                     6.6  
  HSBC                                                                   4.6  
  Vodafone                                                               4.1  
  Barclays                                                               3.7  
  Lloyds TSB Group                                                       3.5  
  JPMF UK Smaller Companies Fund                                         3.1  
  GlaxoSmithKline                                                        3.0 
  BT Group                                                               2.8 
  AstraZeneca                                                            2.7 
  BHP Billiton                                                           2.7  
                                                                        36.8  

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