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: 28 Feb 2018

Itaú Unibanco Multiplo ADR Preference

10.2%

Banco Bradesco ADR

8.9%

Vale

8.1%

B3 SA - Brasil Bolsa Balcao

5.3%

Lojas Renner

4.9%

Ambev ADR

4.3%

Raia Drogasil

4.1%

Kroton Educacional

3.7%

Banco do Brasil

3.3%

Fleury

3.3%

Total

56.1%

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 March 2018