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 July 2017

Itaú Unibanco Multiplo ADR Preference

9.3%

Ambev ADR

7.0%

Banco Bradesco ADR

6.3%

BM&F Bovespa SA Bolsa de Valores

5.3%

Vale

4.9%

Lojas Renner

4.9%

BB Seguridade Participações

4.4%

Fleury

4.3%

Kroton Educacional

4.2%

WEG

4.0%

Total

54.6%

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: 10 August 2017