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 April 2017

Itaú Unibanco Multiplo ADR Preference

7.7%

Vale

7.2%

Banco Bradesco ADR

5.4%

BB Seguridade Participações

4.7%

Kroton Educacional

4.2%

BM&F Bovespa SA Bolsa de Valores

4.1%

Lojas Renner

4.0%

Itaúsa

3.9%

Fleury

3.9%

WEG

3.7%

Total

48.8%

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 May 2017