JP Morgan Fleming Mutual Fund N-14 Registration statement for investment companies business combination

EXHIBIT B

Multi-Class Funds Covered under Combined Rule 18f-3 Multi-Class Plan

(as of February 19, 2009)

JPMorgan Equity Funds

	Class A	Class B	Class C	Select	Institutional	Ultra	Class M	Investor	Class R2	Class R5
Highbridge Statistical Market Neutral Fund	X		X	X
JPMorgan Asia Equity Fund*	X			X	X
JPMorgan Capital Growth Fund	X	X	X	X					X
JPMorgan China Region Fund*	X		X	X						X
JPMorgan Disciplined Equity Fund	X			X	X	X
JPMorgan Diversified Fund	X	X	X	X	X
JPMorgan Diversified Mid Cap Growth Fund	X	X	X	X		X			X
JPMorgan Diversified Mid Cap Value Fund	X	X	X	X		X
JPMorgan Dynamic Growth Fund	X		X	X						X
JPMorgan Dynamic Small Cap Growth Fund	X	X	X	X
JPMorgan Emerging Economies Fund	X		X	X						X
JPMorgan Emerging Markets Equity Fund*	X	X	X	X	X
JPMorgan Equity Income Fund	X	X	X	X
JPMorgan Equity Index Fund	X	X	X	X
JPMorgan Global Focus Fund*	X		X	X						X
JPMorgan Growth Advantage Fund	X	X	X	X						X
JPMorgan Growth and Income Fund	X	X	X	X
JPMorgan Income Builder Fund*	X		X	X
JPMorgan India Fund*	X		X	X						X
JPMorgan International Equity Fund*	X	X	X	X					X	X
JPMorgan International Equity Index Fund*	X	X	X	X					X
JPMorgan International Markets Fund*	X		X	X						X
JPMorgan International Opportunities Fund*	X	X	X	X	X
JPMorgan International Opportunities Plus Fund*	X		X	X
JPMorgan International Realty Fund*	X		X	X						X
JPMorgan International Small Cap Equity Fund	X	X		X	X
JPMorgan International Value Fund*	X	X	X	X	X				X
JPMorgan Intrepid America Fund	X		X	X					X	X
JPMorgan Intrepid European Fund*	X	X	X	X	X
JPMorgan Intrepid Growth Fund	X		X	X					X	X
JPMorgan Intrepid International Fund*	X		X	X	X				X
JPMorgan Intrepid Plus Fund	X		X	X
JPMorgan Intrepid Mid Cap Fund	X	X	X	X		X
JPMorgan Intrepid Multi Cap Fund	X		X	X
JPMorgan Intrepid Value Fund	X		X	X					X	X
JPMorgan Investor Balanced Fund	X	X	X	X
JPMorgan Investor Conservative Growth Fund	X	X	X	X
JPMorgan Investor Growth & Income Fund	X	X	X	X
JPMorgan Investor Growth Fund	X	X	X	X

1

	Class A	Class B	Class C	Select	Institutional	Ultra	Class M	Investor	Class R2	Class R5
JPMorgan Intrepid Japan Fund*	X	X	X	X
JPMorgan Large Cap Growth Fund	X	X	X	X		X			X	X
JPMorgan Large Cap Value Fund	X	X	X	X					X	X
JPMorgan Latin America Fund*	X		X	X						X
JPMorgan Market Expansion Index Fund	X	X	X	X					X
JPMorgan Market Neutral Fund	X	X			X
JPMorgan Mid Cap Equity Fund	X			X
JPMorgan Mid Cap Value Fund	X	X	X	X	X				X
JPMorgan Multi-Cap Market Neutral Fund	X	X	X	X
JPMorgan Realty Income Fund	X	X	X		X					X
JPMorgan Russia Fund*	X		X	X						X
JPMorgan Small Cap Core Fund				X
JPMorgan Small Cap Equity Fund	X	X	X	X					X	X
JPMorgan Small Cap Growth Fund	X	X	X	X	X				X
JPMorgan Small Cap Value Fund	X	X	X	X		X			X	X
JPMorgan SmartRetirement 2010 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2015 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2020 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2025 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2030 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2035 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2040 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2045 Fund	X		X	X	X				X
JPMorgan SmartRetirement 2050 Fund	X		X	X	X				X
JPMorgan SmartRetirement Income Fund	X		X	X	X				X
JPMorgan Strategic Small Cap Value Fund	X		X	X						X
JPMorgan Tax Aware Disciplined Equity Fund					X
JPMorgan Tax Aware Diversified Equity Fund				X
JPMorgan Tax Aware U.S. Equity Fund	X	X	X	X	X
JPMorgan U.S. Equity Fund	X	X	X	X	X				X	X
JPMorgan U.S. Large Cap Core Plus Fund	X		X	X					X	X
JPMorgan U.S. Large Cap Value Plus Fund	X		X	X						X
JPMorgan U.S. Real Estate Fund	X		X	X					X	X
JPMorgan U.S. Small Company Fund	X		X	X	X
JPMorgan Value Advantage Fund	X		X	X	X
JPMorgan Value Discovery Fund	X		X	X						X
Undiscovered Managers Behavioral Growth Fund	X	X	X		X			X
Undiscovered Managers Behavioral Value Fund	X	X	X		X
Undiscovered Managers Small Cap Growth Fund	X				X

B-2

JPMorgan Fixed Income Funds

	Class A	Class B	Class C	Select	Institutional	Ultra	Class R2	Class R5
JPMorgan Arizona Municipal Bond Fund	X	X	X	X
JPMorgan Bond Fund	X	X	X	X	X	X
JPMorgan California Tax Free Bond Fund	X		X	X	X
JPMorgan Core Bond Fund^	X	X	X	X		X	X	X
JPMorgan Core Plus Bond Fund	X	X	X	X	X	X	X
JPMorgan Emerging Markets Debt Fund*	X		X	X				X
JPMorgan Government Bond Fund^	X	X	X	X		X	X
JPMorgan High Yield Bond Fund^ *	X	X	X	X		X	X	X
JPMorgan Intermediate Bond Fund^	X	X	X	X		X
JPMorgan Intermediate Tax Free Bond Fund	X	X	X	X	X
JPMorgan International Currency Income Fund*	X		X	X				X
JPMorgan Kentucky Municipal Bond Fund	X	X	X	X
JPMorgan Louisiana Municipal Bond Fund	X	X	X	X
JPMorgan Michigan Municipal Bond Fund	X	X	X	X
JPMorgan Mortgage-Backed Securities Fund^	X			X		X
JPMorgan Municipal Income Fund	X	X	X	X
JPMorgan New York Tax Free Bond Fund	X	X	X	X	X
JPMorgan Ohio Municipal Bond Fund	X	X	X	X
JPMorgan Real Return Fund	X		X	X	X
JPMorgan Strategic Income Fund (to be liquidated on or about 2/24/09)	X	X	X	X	X
JPMorgan Strategic Income Opportunities Fund	X		X	X				X
JPMorgan Strategic Preservation Fund*	X		X	X				X
JPMorgan Tax Aware High Income Fund	X		X	X
JPMorgan Tax Aware Real Return Fund	X		X	X	X
JPMorgan Tax Free Bond Fund	X	X	X	X
JPMorgan Total Return Fund	X		X	X				X
JPMorgan West Virginia Municipal Bond Fund	X	X	X	X

^ Class A shares also may be offered in Taiwan

JPMorgan Short-Term Fixed Income Funds

	Class A	Class B	Class C	Select	Institutional	Ultra	Class M	Class R5
JPMorgan Enhanced Income Fund					X
JPMorgan Short Duration Bond Fund^	X	X	X	X		X
JPMorgan Short Term Bond Fund	X			X	X
JPMorgan Short Term Bond Fund II	X			X			X
JPMorgan Short Term Municipal Bond Fund	X	X	X	X	X
JPMorgan Tax Aware Enhanced Income Fund	X			X	X
JPMorgan Tax Aware Short-Intermediate Income Fund				X	X
JPMorgan Treasury & Agency Fund^	X	X	X	X
JPMorgan Ultra Short Duration Bond Fund^	X	X	X	X		X

^ Class A shares also may be offered in Taiwan

B-3

Money Market Funds

Capital

Institutional

Agency

Premier

Investor

Morgan

Reserve

Class B

Class C

Cash Management

Service

E*TRADE

JPMorgan 100% U.S. Treasury Securities Money Market Fund

X

X

X

X

X

X

X

JPMorgan California Municipal Money Market Fund

X

X

X

JPMorgan Federal Money Market Fund

X

X

X

X

X

JPMorgan Liquid Assets Money Market Fund

X

X

X

X

X

X

X

X

X

X

X

JPMorgan Michigan Municipal Money Market Fund

X

X

X

JPMorgan Municipal Money Market Fund

X

X

X

X

X

X

X

JPMorgan New York Municipal Money Market Fund

X

X

X

X

JPMorgan Ohio Municipal Money Market Fund

X

X

X

JPMorgan Prime Money Market Fund

X

X

X

X

X

X

X

X

X

JPMorgan Tax Free Money Market Fund

X

X

X

X

X

JPMorgan U.S. Government Money Market Fund

X

X

X

X

X

X

X

JPMorgan U.S. Treasury Plus Money Market Fund

X

X

X

X

X

X

X

X

X

B-4