Asset Analysis as at 30th Dec

JPMorgan Fleming Japanese Smllr Cos
09 January 2006

ASSET ANALYSIS AS AT 30th  December 2005

JPMORGAN FLEMING JAPANESE SMALLER COMPANIES INVESTMENT TRUST plc

                                                                   % funds as at
                                                                        30/12/05

UK                                                                             0
Japan 1st section                                                             69
Japan 2nd section                                                              7
Japan OTC/regional                                                            31
Japan bonds                                                                    0
Cash and non Japanese fixed interest                                          -7
                                                                             100





                      This information is provided by RNS
            The company news service from the London Stock Exchange