Top Ten Largest Investments

JPMorgan Fleming Eur Fldglng IT PLC
3 August 2004

July-04
JPMorgan Fleming Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming European Fledgeling Investment Trust
FF European Discovery Fund                                                  13.7
Koniklijke Wessanen                                                          2.1
Nutreco Holding                                                              1.9
Omega Pharmacy                                                               1.8
Marzotto & Figli                                                             1.7
Geberit                                                                      1.6
Campari                                                                      1.6
Alten                                                                        1.6
Credit Emiliano                                                              1.6
MPC Muenchmeyer                                                              1.6
                                                                            29.2

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