Geographical Breakdown

JPMorgan Fleming Smaller Cos IT PLC
13 September 2004


                          JPMORGAN FLEMING INVESTMENT TRUST               
                    GEOGRAPHICAL BREAKDOWNS % OF TOTAL ASSETS AS AT
                                 31st August 2004


JPMORGAN FLEMING SMALLER COMPANIES INVESTMENT TRUST

                                                                               %
United Kingdom                                                             100.1
Cash                                                                        -0.1
                                                                             100

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