Ten Largest Investments

JPMorgan Flem Russian Secs PLC
02 March 2006


28- February- 06
JPMorgan Investment Trust
Ten Largest Investments in % of Total Assets.


JPMorgan Russian Securities
Lukoil ADR                                                                  15.0
Surgutneftegaz ADR                                                          15.0
Sberbank Rossii                                                             12.6
JSC MMC Norilsk Nickel                                                       8.4
Mobile Telesystems ADS                                                       5.6
Vimpel Communications ADR                                                    4.8
Rostelcom ADR                                                                4.2
Open Investments                                                             3.4
RBC information                                                              3.4
Polyus Gold                                                                  3.2

                                                                            75.6





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