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: 31 March 2020

Managed Growth portfolio

JPMorgan American Inv Trust

10.8%

Finsbury Growth & Income

9.7%

JPMorgan Claverhouse Inv Trust

8.4%

JPMorgan US Equity All Capital C

8.2%

JPM UK Equity Plus C

6.8%

JPMorgan UK Dynamic C

6.8%

JPMorgan US Select Equity C

5.9%

Murray Income Trust

4.2%

S&P500 EMINI (New Style) Index Equity (Future)

3.7%

The Mercantile Inv Trust

3.1%

Total

67.7%

Managed Income portfolio

Royal Dutch Shell

6.0%

AstraZeneca

5.3%

GlaxoSmithKline

4.5%

BP

4.2%

Diageo

3.8%

HSBC

3.6%

British American Tobacco

3.2%

Rio Tinto

3.1%

Unilever

2.7%

National Grid

2.5%

Total

39.0%

* Based on invested portfolio

Name of contact and telephone number for queries:

Paul Ainger 0044 207 742 6524

Name of authorised company official responsible for making this notification:

Faith Pengelly 0044 207 742 8627 - Company Secretary

Date: 14 April 2020