Closed Period Notification

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN US SMALLER COMPANIES INVESTMENT TRUST PLC

(the 'Company')

Compliance with Market Abuse Regulation

Legal Entity Identifier: 549300MDD7SOXDMBN667

Information disclosed in accordance with Market Abuse Regulation Article 19,

paragraph 11

In accordance with the Market Abuse Regulation the Company announces that it has today entered into a closed period, which will remain in place until the Company releases its half year financial results for the six months ended 30th June 2017.

The Company is satisfied that any inside information which the Directors or the Company may have during the closed period has previously been notified to a Regulated Information Service. The Company is therefore not prohibited from repurchasing its own securities, or issuing new securities, during this closed period.

JPMorgan Funds Limited - Secretary

4th July 2017

For further information, please contact:

Lucy Dina

JPMorgan Funds Limited

020 7742 4000