Ten Largest Investments

JPMorgan Russian Securities PLC
04 December 2007



30 November - 07
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.

Ten Largest Investments
JPMorgan Russian Securities
Mechel ADR                                       12.8
Sberbank Rossii                                  12.6
Open Investments                                  9.9
JSC MMC Norilsk Nickel ADR                        8.9
RAO Unified Energy System of Russia GDR           4.7
Severstal Auto                                    4.7
Cherepovets Severstal                             4.5
Pharmacy Chain 36.6                               3.9
Aeroflot                                          3.1
Comstar United Telesystems GDR                    2.7
                                                 67.8



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