geographical/sector/topten

Fleming Mercantile Inv Trust PLC
19 May 2003

                          Apr-03  
                                                             
                          JP Morgan Fleming Investment Trust                                   

                          Geographical Breakdowns % of Total Assets                            
                          
                          Fleming Mercantile Investment Trust                                  
                          United Kingdom                                                   84.4
                          Cash                                                             15.3
                          Israel                                                            0.3
                          Ireland                                                           0.1
                          Total                                                           100.0

                          
                          Sector Breakdowns in % of Total Assets                               
                          
                          Fleming Mercantile Investment Trust                                  
                          Cyclical Services                                                31.4
                          Cash                                                             15.3
                          Financials                                                       16.9
                          Basic Industries                                                 16.3
                          Non-Cyclical Consumer Goods                                       5.3
                          General Industrials                                               5.1
                          Information Technology                                            3.8
                          Fixed Interest                                                    1.3
                          Non-Cyclical Services                                             1.8
                          Resources                                                         1.4
                          Utilities                                                         0.9
                          Cyclical Consumer Goods                                           0.5
                          Total                                                           100.0

                          Ten Largest Investments in % of Total Assets.                        

                          Ten Largest Investments                                              
                          Fleming Mercantile Investment Trust                                  
                          Tate & Lyle                                                       1.7
                          EMI Group                                                         1.7
                          British Airways                                                   1.7
                          Trinity Mirror                                                    1.6
                          P&O                                                               1.6
                          Hammerson                                                         1.5
                          Royal Sun Alliance                                                1.5
                          London Stock Exchange                                             1.4
                          Slough Estates                                                    1.4
                          Barratt Developments                                              1.4
                                                                                           15.5


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