Top 10 Largest Investments

JPMorgan Fleming Japanese IT PLC
2 December 2004

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


Ten Largest Investments
JPMorgan Fleming Japanese Investment Trust
Toyota Motor                                                             5.4
Canon                                                                    3.6
Honda Motor                                                              3.2
Matsui Securities                                                        2.9
Nissan Motor                                                             2.8
Nidec Corporation                                                        2.7
Nippon Steel                                                             2.6
Fanuc                                                                    2.5
USS                                                                      2.2
Mitsui                                                                   2.2
                                                                        30.1




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