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 Aug 2017

Itaú Unibanco Multiplo ADR Preference

9.6%

Ambev ADR

6.9%

Banco Bradesco ADR

6.7%

Vale

5.2%

B3 SA - Brasil Bolsa Balcao

5.2%

Lojas Renner

4.9%

Kroton Educacional

4.8%

Fleury

4.3%

Itaúsa

3.8%

WEG

3.8%

Total

55.2%

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: 11 September 2017