Top Tens at 31 May 2005

JPMorgan Fleming US Disc IT PLC
2 June 2005

31- May- 05
JPMorgan Investment Trust
Ten Largest Investments
in % of Total Assets.



Ten Largest Investments
JPMorgan Fleming US Discovery Investment Trust
NuCO2                                                                       3.1
American Dental                                                             3.0
ProAssurance                                                                2.6
Orient Express Hotels                                                       2.3
Hudson Highland                                                             2.3
YouBet.com                                                                  2.3
Gaylord Entertainment                                                       2.0
First Service                                                               2.0
Bankrate                                                                    1.9
Rush Enterprises                                                            1.9
                                                                           23.4



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