Identifier Expecter Error

Can someone please help....

The following line gives me an "identifier expected" error.
I'm using JDK 1.5 under JBuilder 8.

private ArrayList <String> arbIconData = new ArrayList < String > ();

The following is what I have imported:

import java.io.BufferedReader;
import java.io.File;
import java.io.FileNotFoundException;
import java.io.FileReader;
import java.io.IOException;
import java.net.HttpURLConnection;
import java.net.MalformedURLException;
import java.net.URL;
import java.util.*;
import java.lang.String;

This declaration is inside the class structure but outside of the class constructor. I think this is OK as I have other global variable declarations and they give me no problem.
Is there a certain JDK I should work with or is this a problem with JBuilder 8 ?