<Page>

     CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES OXLEY ACT OF 2002

I, George C.W. Gatch, certify that:

1. I have reviewed this report on Form N-CSR of the JPMorgan Bond Fund II (the
"Fund"), a series of J.P. Morgan Mutual Fund Select Group;

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements and other information
included in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
Fund as of, and for, the periods presented in this report;

4. The Fund's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c)
under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940)
for the Fund and have:
         a) Designed such disclosure controls and procedures, or caused such
            disclosure controls and procedures to be designed under our
            supervision, to ensure that material information relating to the
            Fund, including its consolidated subsidiaries, is made known to us
            by others within those entities, particularly during the period in
            which this report is being prepared;
         b) Designed such internal control over financial reporting, or caused
            such internal control over financial reporting to be designed under
            our supervision, to provide reasonable assurance regarding the
            reliability of financial reporting and the preparation of financial
            statements for external purposes in accordance with generally
            accepted accounting principles;
         c) Evaluated the effectiveness of the Fund's disclosure controls and
            procedures and presented in this report our conclusions about the
            effectiveness of the disclosure controls and procedures, as of a
            date within 90 days prior to the filing date of this report based
            on such evaluation; and
         d) Disclosed in this report any change in the Fund's internal control
            over financial reporting that occurred during the Fund's most
            recent fiscal half-year (the Fund's second fiscal half-year in the
            case of an annual report) that has materially affected, or is
            reasonably likely to materially affect, the Fund's internal control
            over financial reporting; and

5. The Fund's other certifying officer(s) and I have disclosed to the Fund's
auditors and the audit committee of the Fund's board of directors (or persons
performing the equivalent functions):
         a) All significant deficiencies and material weaknesses in the design
            or operation of internal control over financial reporting which are
            reasonably likely to adversely affect the Fund's ability to record,
            process, summarize, and report financial information; and
         b) Any fraud, whether or not material, that involves management or
            other employees who have a significant role in the Fund's internal
            control over financial reporting.


/s/ George C.W. Gatch
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George C.W. Gatch
President

October 21, 2003
- -----------------------------------
Date

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     CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES OXLEY ACT OF 2002

I, David Wezdenko, certify that:

1. I have reviewed this report on Form N-CSR of the JPMorgan Bond Fund II (the
"Fund"), a series of J.P. Morgan Mutual Fund Select Group;

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements and other information
included in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
Fund as of, and for, the periods presented in this report;

4. The Fund's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c)
under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940)
for the Fund and have:
         a) Designed such disclosure controls and procedures, or caused such
            disclosure controls and procedures to be designed under our
            supervision, to ensure that material information relating to the
            Fund, including its consolidated subsidiaries, is made known to us
            by others within those entities, particularly during the period in
            which this report is being prepared;
         b) Designed such internal control over financial reporting, or caused
            such internal control over financial reporting to be designed under
            our supervision, to provide reasonable assurance regarding the
            reliability of financial reporting and the preparation of financial
            statements for external purposes in accordance with generally
            accepted accounting principles;
         c) Evaluated the effectiveness of the Fund's disclosure controls and
            procedures and presented in this report our conclusions about the
            effectiveness of the disclosure controls and procedures, as of a
            date within 90 days prior to the filing date of this report based
            on such evaluation; and
         d) Disclosed in this report any change in the Fund's internal control
            over financial reporting that occurred during the Fund's most
            recent fiscal half-year (the Fund's second fiscal half-year in the
            case of an annual report) that has materially affected, or is
            reasonably likely to materially affect, the Fund's internal control
            over financial reporting; and

5. The Fund's other certifying officer(s) and I have disclosed to the Fund's
auditors and the audit committee of the Fund's board of directors (or persons
performing the equivalent functions):
         a) All significant deficiencies and material weaknesses in the design
            or operation of internal control over financial reporting which are
            reasonably likely to adversely affect the Fund's ability to record,
            process, summarize, and report financial information; and
         b) Any fraud, whether or not material, that involves management or
            other employees who have a significant role in the Fund's internal
            control over financial reporting.


/s/ David Wezdenko
- -----------------------------------
David Wezdenko
Treasurer

October 21, 2003
- -----------------------------------
Date