Holding(s) in Company

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

JPMorgan Elect PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

X

Other (please specify):

Horizontal Aggregation Disclosure

X

3. Full name of person(s) subject to thenotification obligation: iii

Brewin Dolphin Limited

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

05 December 2016

6. Date on which issuer notified:

02 December 2016

7. Threshold(s) that is/are crossed orreached: vi, vii

12% - GB0034080217 see section 13

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

MANAGED GROWTH SHS GBP0.0001

596,437

6,201,182

0

3,608,443

6,449,229

0

N/A

N/A

N/A

N/A

N/A

N/A

3,846,797

6,573,252

0

N/A

N/A

N/A

1.2696%

2.1695%

0.0000%

GB0008528142

MANAGED INC SHS GBP0.00003

GB0034080217

MANAGED CASH SHS GBP0.00002

GB0034080092

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,420,049

3.4391%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

MANAGED GROWTH SHS GBP0.0001

MANAGED INC SHS GBP0.00003

MANAGED CASH SHS GBP0.00002

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

Figures based on Voting Rights in issue of 225,184,186 (Growth SHS, ratio 1:6.64) 73,572,187 (Inc SHS, ratio 1:1.06) & 4,234,545 (Cash SHS, ratio 1:1.02) giving a total potential voting rights figure of 302,990,919.

Disclosure trigger due to individual horizontal aggregation on GB0034080217 (MANAGED INC SHS). Percentage has decreased from 12.0767% to 8.9344% (disc quantity held 6,573,252/issued share capital 73,572,187*100=8.9344%)

The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements.

14. Contact name:

Mark Taylor

15. Contact telephone number:

0191 279 7332