Geographical Distribution

JPMorgan Fleming US Disc IT PLC
12 May 2004



                    JPMORGAN FLEMING INVESTMENT TRUST        
                GEOGRAPHICAL BREAKDOWNS % OF TOTAL ASSETS 
                         AS AT 30th April 2004


              JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST

                                                                        %
USA                                                                 108.7
Cash                                                                 -8.7
                                                                      100



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