Ten Largest Investments

JPMorgan Russian Securities PLC
02 April 2008



31 March 08

JPMorgan Investment Trust

Ten Largest Investments

in % of Total Assets.


Ten Largest Investments

JPMorgan Russian Securities

Sberbank of Russia                                                          12.2
Mechel ADR                                                                  10.8
JSC MMC Norilsk Nickel ADR                                                   8.7
Open Investments                                                             7.8
Cherepovets Severstal                                                        4.5
Tatneft GDR                                                                  4.4
Severstal Auto                                                               3.7
Aeroflot                                                                     3.7
Magnitogorsk Iron & Steel  GDR                                               3.3
Mobile Telesystems ADS                                                       3.1

                                                                            62.2

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