Director Declaration

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EUROPEAN SMALLER COMPANIES TRUST PLC

("the Company")

DIRECTOR DECLARATION

Legal Entity Identifier: 54930049CEWDI46Y3U28

Information disclosed in accordance with LR 9.6.14 (2)

JPMorgan European Smaller Companies Trust plc announces that Stephen White, a non-executive director of the Company, has been appointed a director of Polar Capital Technology Trust plc, effective 15th January 2018.

15th January 2018

For further information, please contact:

Faith Pengelly

JPMorgan Funds Limited

Company Secretary

Telephone 0207 742 4000