Ten Largest Investments

JPMORGAN US SMALLER COMPANIES INVESTMENT TRUST PLC (the 'Company')

Legal Entity Identifier: 549300MDD7SOXDMBN667

THE COMPANY ANNOUNCES THE TEN LARGEST INVESTMENTS IN % OF TOTAL ASSETS As at: 31 October 2019

Toro

2.9%

Pool

2.6%

AptarGroup

2.5%

Douglas Dynamics

2.3%

Performance Food Group

2.2%

West Pharmaceutical Services

2.2%

National Retail Properties

1.8%

Catalent

1.8%

Brunswick

1.8%

Brady

1.7%

Total

21.9%

Excludes Investments in Liquidity stocks

Name of contact and telephone number for queries:

Paul Ainger 0044 207 742 6524

Name of authorised company official responsible for making this notification:

Lucy Dina 0044 207 742 3735 - Company Secretary

Date: 13 November 2019