Top Tens at 30 June 2005

JPMorgan Fleming Smaller Cos IT PLC
4 July 2005


30- June- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming Smaller Companies Investment Trust
Morgan Sindall                                                              2.2
Brewin Dolphin                                                              2.1
Erinaceous                                                                  1.9
Restaurant                                                                  1.8
Charter                                                                     1.8
Speedy Hire                                                                 1.8
Torex Retail                                                                1.7
Dana Petroleum                                                              1.7
Rok Property                                                                1.6
Kensington                                                                  1.6
                                                                           18.2



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