Top Ten Largest Investments

JP Morgan Fleming Indian IT PLC
2 July 2004



                                                                              
  Jun-04                                                                      

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



  Ten Largest Investments                                                     
  JPMorgan Fleming Indian Investment Trust                                    

  Infosys                                                                8.8 
  Reliance Industries                                                    7.5 
  Bharat Heavy Electric                                                  5.3  
  Mahindra & Mahindra                                                    4.5  
  Gujarat Ambuja Cements                                                 4.5 
  Wipro                                                                  4.1 
  Larsen & Toubro                                                        3.7  
  Associated Cement                                                      3.7  
  Satyam Computer Services                                               3.7  
  Sun Pharmaceutical                                                     3.5  
                                                                        47.5  

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