Ten Largest Investments

JPMorgan Russian Securities PLC
04 April 2006

31- March- 06
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


JPMorgan Russian Securities
Lukoil ADR                                                        15.2
Surgutneftegaz ADR                                                14.2
Sberbank Rossii                                                   12.1
JSC MMC Norilsk Nickel                                             8.8
Vimpel Communications ADR                                          4.6
Open Investments                                                   4.3
Mobile Telesystems ADS                                             3.9
Polyus Gold                                                        3.9
Pharmacy 36.6                                                      3.6
Severstal Auto                                                     3.5
                                                                  74.1






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