Ten Largest Investments

JPMorgan Fleming Smaller Cos IT PLC
03 May 2006



  28- April- 06                                                              
  JPMorgan Investment Trust                                                  
  Ten Largest Investments                                                    
  in % of Total Assets.                                                      
                                                                             
                                                                             
                                                                                                                        
                                                                                                                        
  Ten Largest Investments                                                    
  JPMorgan Fleming Japanese Smaller Investment Trust                         
  Sugi Pharmacy                                                          2.5 
  Toyama Chemical                                                        2.3 
  Shoei Company                                                          2.3 
  Zakkaya Bulldog                                                        2.1 
  Zensho                                                                 2.0 
  Asics                                                                  1.9 
  Zeon                                                                   1.9 
  Innotech                                                               1.8 
  Zentek Technology Japan                                                1.8 
  Modec                                                                  1.8 
                                                                        20.4 
                                                                             

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