Top Ten Investments-Amend

JPMorgan Fleming Smaller Cos IT PLC
2 February 2005



THE FOLLOWING REPLACES THE GEOGRAPHICAL DISTRIBUTION ANNOUNCEMENT RELEASED TODAY
AT 12.37 P.M. UNDER RNS NO 1111I.  THE HEADLINE SHOULD BE TOP 10 INVESTMENTS AND
NOT GEOGRAPHICAL DISTRIBUTION.



  January-05                                                                  
  JPMorgan Fleming Investment Trust                                           
  Ten Largest Investments                                                     
  in % of Total Assets.                                                       
                                                                                                                        
                                                                                                                        
                                                                                                             
                                                                              
  Ten Largest Investments                                                     
  JPMorgan Fleming Smaller Companies Investment Trust                         
  Brewin Dolphin                                                         2.2  
  Savills                                                                2.1  
  Torex Retail                                                           1.8  
  Mcbride                                                                1.8  
  Dana Petroleum                                                         1.8  
  Morgan Sindall                                                         1.7  
  Charter                                                                1.6  
  Kensington                                                             1.6  
  Speedy Hire                                                            1.6  
  Erinaceous                                                             1.5 
                                                                        17.7  
                                                                              


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