Top 10 Largest Investments

JPMorgan Fleming Japanese IT PLC
4 October 2004

September-04

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


Ten Largest Investments
JPMorgan Fleming Japanese Investment Trust

Toyota Motor                                                                     6.4
Honda Motor                                                                      4.2
Canon                                                                            3.7
Nissan Motor                                                                     3.4
Nidec Corporation                                                                2.9
Nippon Steel                                                                     2.7
Matsui Securities                                                                2.5
Nitto Denko                                                                      2.5
Hoya                                                                             2.4
Fanuc                                                                            2.3

                                                                                33.0



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