Geographical Breakdowns-Amend

JPMorgan Fleming Mercantile IT PLC
15 October 2004


THIS ANNOUNCEMENT REPLACES THE PREVIOUS ANNOUNCEMENT RELEASED UNDER RNS NUMBER
8475D, DATED 7TH OCTOBER 2004.

THIS ANNOUNCEMENT ALSO REPLACES JPMORGAN FLEMING MERCANTILE INVESTMENT TRUST
PLC'S GEOGRAPHICAL BREAKDOWN.   THE FIGURE PREVIOUSLY REPORTED 95.8% AND 4.2%
CASH.  THE CORRECT FIGURES SHOULD HAVE BEEN STATED AS 95.9% AND 4.1% CASH,
RESPECTIVELY.

ALL OTHER DETAILS REMAIN THE SAME.


                         JPMORGAN FLEMING INVESTMENT TRUST               
                    GEOGRAPHICAL BREAKDOWNS % OF TOTAL ASSETS AS AT
                                  30th September 2004



JPMORGAN FLEMING MERCANTILE INVESTMENT TRUST

                                                                       %
United Kingdom                                                      95.9
Cash                                                                 4.1
                                                                     100



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