Transaction in Own Shares

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ELECT PLC

('the Company')

REPURCHASE OF SHARES

Legal Entity Identifier: 549300FIUYKKL39ILD07

Managed Growth

The Company has today purchased 10,284 Managed Growth shares into Treasury at 757.00 pence per share.

Following the transaction the Company holds 6,259,855 Managed Growth shares in Treasury. The remaining Managed Growth shares in issue less the total number of Managed Growth shares in Treasury is 31,627,756.

The Company will only re-issue shares held in Treasury at a premium to net asset value.

10 January 2019

For further information, please contact:

Faith Pengelly

JPMorgan Funds Limited - Secretary

Telephone 020 7742 4000

Julian Dixon

Winterflood Securities - Stockbrokers to the Company

020 3100 0253