Ten Largest Investments

JPMorgan Russian Securities PLC
04 December 2006

30 November - 06
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Russian Securities
Sberbank Rossii                                                             13.5
Open Investments                                                            10.6
JSC MMC Norilsk Nickel ADR                                                   6.9
Lukoil ADR                                                                   6.3
Mobile Telesystems ADS                                                       5.2
Surgutneftegaz ADR                                                           5.0
Mechel ADR                                                                   4.7
Evraz GDR                                                                    4.4
Severstal Auto                                                               4.2
Pharmacy Chain 36.6                                                          4.2
                                                                            65.0


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