Top Tens at 31 May 2005

JPMorgan Fleming Eur Fldglng IT PLC
2 June 2005

31- May- 05                                                                
JPMorgan Investment Trust                                                  
Ten Largest Investments                                                    
in % of Total Assets.                                                      
                                                                                                 
                                                                                                 
Ten Largest Investments                                                    
JPMorgan Fleming European Fledgeling Investment Trust                      
FF European Discovery Fund                                            12.8 
Kingspan                                                               2.3 
Aker Kvaerner                                                          2.2 
Bilfinger Berger                                                       2.1 
Prosegur Compania Securidad                                            2.0 
DSV                                                                    2.0 
Koninklijke Bam                                                        2.0 
Eircom                                                                 1.9 
SR Teleperformance                                                     1.9 
Vallourec                                                              1.8 
                                                                      31.0 
                                                                                                 

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