Topten/Geo./Sector

JPMorgan Fleming US Disc IT PLC
16 September 2003

                    JPMORGAN FLEMING INVESTMENT TRUST               
                  GEORGRAPHICAL BREAKSDOWN % OF TOTAL
                      ASSETS AS AT 31st August 2003

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST
                                                                                    %
North America                                                                   102.8
Cash                                                                             -2.8
                                                                                  100

JPMORGAN FLEMING INVESTMENT TRUST                                SECTOR  BREAKSDOWN
% OF TOTAL ASSETS AS AT                    31st August 2003

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST
                                                                                     %
Consumer Discretionary                                                            37.5
Healthcare                                                                        22.7
Technology                                                                        16.6
Financials                                                                        12.0
Auto                                                                               4.5
Producer Durables                                                                  3.4
Consumer Staple                                                                    2.6
Energy                                                                             2.1
Other                                                                              1.4
Cash                                                                              -2.8
                                                                                   100

JPMORGAN FLEMING INVESTMENT TRUST
TEN LARGEST INVESTMENTS % OF TOTAL ASSETS AS AT                    31st August 2003

JPMORGAN FLEMING US DISCOVERY INVESTMENT TRUST

                                                                  Ten Largest
ScanSource                                                                         3.5
J&J Snack Foods                                                                    2.5
Proassurance Corp                                                                  2.4
Impax Labortories                                                                  2.3
Concur Technologies                                                                2.3
American Healthways                                                                2.2
SCP Pool                                                                           2.2
Cimarex Energy                                                                     2.2
Madden (Steven)                                                                    2.1
Philadelphia Consolidated                                                          1.9
                                                                                  23.6


                      This information is provided by RNS
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