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: 30 June 2017

Itaú Unibanco Multiplo ADR Preference

9.5%

Banco Bradesco ADR

6.1%

Ambev ADR

5.9%

BM&F Bovespa SA Bolsa de Valores

5.2%

BB Seguridade Participações

4.7%

Lojas Renner

4.7%

Vale

4.7%

Kroton Educacional

4.3%

Raia Drogasil

4.0%

Ultrapar Participações

3.9%

Total

53.0%

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 July 2017