Top Ten Largest Investments

JPMorgan Fleming Mercantile IT PLC
3 August 2004

July-04
JPMorgan Fleming Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JP Morgan Fleming Mercantile Investment Trust
Trinity Mirror                                                               1.8
BPB                                                                          1.8
P&O                                                                          1.7
GKN                                                                          1.6
Persimmon                                                                    1.5
RMC                                                                          1.5
Signet                                                                       1.5
Kesa Electricals                                                             1.5
Barratt Developments                                                         1.5
De Vere                                                                      1.4
                                                                            15.8

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