Ten Largest Investments

JPMORGAN ELECT PLC (the 'Company')

Legal Entity Identifier: 549300FIUYKKL39ILD07

THE COMPANY ANNOUNCES THE TEN LARGEST INVESTMENTS IN % OF TOTAL ASSETS As at: 28 February 2017

Managed Growth portfolio

JPMorgan UK Dynamic C

11.3%

JPMorgan Claverhouse Inv Trust

9.8%

JPMorgan American Inv Trust

9.6%

JPMorgan US Equity All Capital C

9.1%

JPMorgan US Select Equity C

9.1%

Finsbury Growth & Income

6.4%

JPMorgan European Inv Trust (Growth)

4.4%

FTSE 100 (New Style) Index Equity (Future)

4.2%

JPMorgan Japanese Inv Trust

3.7%

Schroder UK Growth

3.1%

Total

70.7%

Managed Income portfolio

Royal Dutch Shell

7.8%

HSBC

6.0%

British American Tobacco

5.2%

GlaxoSmithKline

4.9%

BP

4.0%

JPMorgan Global High Yield Bond Fund

3.5%

Rio Tinto

3.4%

Lloyds Banking

3.3%

BAE Systems

2.8%

Imperial Brands

2.8%

Total

43.7%

Managed Cash portfolio

JPMorgan Sterling Liquidity Fund

16.8%

Aberdeen Sterling Liquidity Fund

16.8%

Deutsche Global Liquidity Managed Sterling Fund

16.7%

Institutional Cash Series Heritage Fund

16.7%

Fidelity Institutional Sterling Cash Fund

16.5%

Insight Sterling Liquidity Fund

16.5%

Total

100.0%

Name of contact and telephone number for queries:

Debbie Sarfas 0044 207 742 3449

Name of authorised company official responsible for making this notification:

Rhys Williams 0044 207 742 5073 - Company Secretary

Date: 10 March 2017