Investment Manager

JPMORGAN EUROPEAN SMALLER COMPANIES TRUST PLC

(the 'Company')

INVESTMENT MANAGER

Legal Entity Identifier: 54930049CEWDI46Y3U28

Information disclosed in accordance with the Market Abuse Regulations

After 23 years of being involved in the successful management of the JPMorgan European Smaller Companies Investment Trust Plc, Jim Campbell has returned from personal leave and has informed the Board that he has decided to pursue other opportunities within JPMorgan Asset Management. The Company will continue to be managed by the same successful team that has worked with Jim for many years, applying the same investment approach.

The Board wish to thank Jim for his significant contribution over the last 23 years and wish him all the best for the future. 

In the event of any queries, please contact:

Faith Pengelly

For and on behalf of

JPMorgan Funds Limited, Secretary

020 7742 4000