Asset Analysis

JPMorgan Fleming Smaller Cos IT PLC
13 April 2004



                    ASSET ANALYSIS AS AT 31st March 2004


JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST plc

                                                         % funds as at 31/03/04

UK FTSE 100                                                                   0
UK FTSE 250 (excluding IC's)                                                 23
FTSE Small Cap (excluding IC's)                                              78
IC income and capital shares                                                  0
Other IC's                                                                    0
AIM OFEX                                                                      0
International equities                                                        0
Cash/cash equivalents                                                        -1
                                                                            100



                      This information is provided by RNS
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