Top Tens at 31 May 2005

JPMorgan Fleming Smaller Cos IT PLC
2 June 2005



31- May- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.



Ten Largest Investments
JPMorgan Fleming Smaller Companies Investment Trust
Morgan Sindall                                                              2.2
Erinaceous                                                                  1.9
Speedy Hire                                                                 1.9
Restaurant                                                                  1.9
Brewin Dolphin                                                              1.8
BSS                                                                         1.8
Charter                                                                     1.7
Rok Property                                                                1.7
Kensington                                                                  1.6
Torex Retail                                                                1.6
                                                                           18.1




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