Ten Largest Investments

JPMORGAN BRAZIL INVESTMENT TRUST PLC (the 'Company')

Legal Entity Identifier: 5493002T5BE3YCTKTE20

THE COMPANY ANNOUNCES THE TEN LARGEST INVESTMENTS IN % OF TOTAL ASSETS As at: 31 May 2017

Itaú Unibanco Multiplo ADR Preference

9.3%

Banco Bradesco ADR

7.0%

Ambev ADR

5.1%

BM&F Bovespa SA Bolsa de Valores

4.9%

BB Seguridade Participações

4.9%

Lojas Renner

4.6%

Kroton Educacional

4.3%

Fleury

4.2%

WEG

4.2%

Raia Drogasil

4.1%

Total

52.6%

Name of contact and telephone number for queries:

Debbie Sarfas 0044 207 742 3449

Name of authorised company official responsible for making this notification:

Divya Amin 0044 207 742 1025 - Company Secretary

Date: 12 June 2017