Geographical/Sector/Topten

JPMorgan Fleming Smaller Cos IT PLC
14 August 2003


                                                                          
      Jul-03                                                               

      JP Morgan Fleming Investment Trust                                   
      Geographical Breakdowns % of Total Assets                            

      JPMorgan Fleming Smaller Companies Investment Trust                  
      United Kingdom                                                  104.5
      Cash                                                            - 4.5
      Total                                                           100.0


      JP Morgan Fleming Investment Trust                                   
      Sector Breakdowns in % of Total Assets                               

      JPMorgan Fleming Smaller Companies Investment Trust                  
      Cyclical Services                                                35.6
      Financials                                                       20.1
      Basic Industries                                                 12.2
      Information Technology                                            9.9
      General Industrials                                               8.3
      Non-Cyclical Consumer Goods                                       5.8
      Cyclical Consumer Goods                                           5.3
      Non-Cyclical Services                                             5.0
      Resources                                                         2.3
      Cash                                                            - 4.5
      Total                                                           100.0

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

      JPMorgan Fleming Smaller Companies Investment Trust                  
      Future Networks                                                   2.0
      Itnet                                                             1.8
      Mcbride                                                           1.7
      Clinton Cards                                                     1.7
      Paragon Group of Companies                                        1.7
      Ebookers                                                          1.6
      Bellway                                                           1.6
      Mccarthy & Stone                                                  1.6
      First Technology                                                  1.5
      Wembley                                                           1.5
                                                                       16.7
                                                                       94.8
 
                      This information is provided by RNS
            The company news service from the London Stock Exchange