Ten Largest Investments

JPMorgan Fleming Mercantile IT PLC
02 August 2006


31- July- 06
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.





Ten Largest Investments
JPMorgan Fleming Mercantile Investment Trust
Persimmon                                                                        2.3
Slough Estates                                                                   2.2
Berkeley                                                                         2.1
Mitchells & Butlers                                                              2.1
EMI                                                                              2.0
GKN                                                                              1.9
Daily Mail & General Trust 'A'                                                   1.9
Inchcape                                                                         1.9
Barratt Developments                                                             1.8
Taylor Woodrow                                                                   1.8
                                                                                20.0



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