Geographical/Sector Breakdown

JPMorgan Fleming US Disc IT PLC
10 November 2003


                   JPMORGAN FLEMING INVESTMENT TRUST              
                  GEOGRAPHICAL BREAKDOWNS % OF TOTAL
                    ASSETS AS AT 31st October 2003

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST

                                                                               %
North America                                                               97.6
Cash                                                                         2.4
                                                                             100

                    JPMORGAN FLEMING INVESTMENT TRUST                                
                  SECTOR BREAKDOWNS % OF TOTAL ASSETS AS AT                    
                        31st October 2003

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST

                                                                               %
Consumer Discretionary                                                      34.7
Healthcare                                                                  18.6
Technology                                                                  17.9
Financials                                                                  10.1
Producer Durables                                                            5.9
Auto                                                                         4.8
Consumer Staple                                                              2.9
Cash                                                                         2.4
Energy                                                                       1.7
Other                                                                        1.0
                                                                             100



                      This information is provided by RNS
            The company news service from the London Stock Exchange