Top 10 Largest Investments

JPMorgan Fleming Japanese IT PLC
2 September 2004

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



Ten Largest Investments
JPMorgan Fleming Japanese Investment Trust
------------------------------------------
Toyota Motor                                                            4.9
Honda Motor                                                             4.2
Canon                                                                   3.6
Matsui Securities                                                       3.4
Nissan Motor                                                            3.3
Mizuho Financial                                                        2.8
Nidec Corporation                                                       2.6
Nippon Steel                                                            2.6
Fanuc                                                                   2.3
Mitsui O.S.K. Lines                                                     2.3
                                                                       32.0


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