Issue of Equity (Replacement)

The following replaces the '(Issue of Equity)' announcement released on 17 August 2022 at 16:34 under RNS No 3752W.

Replacement announcement is to clarify the issuance is NOT pursuant to its previous Placing Programme

The full amended text is shown below.

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN GLOBAL CORE REAL ASSETS LIMITED

ISSUE OF SHARES

Legal Entity Identifier: 549300D8JHZTH6GI8F97

JPMorgan Global Core Real Assets Limited announces that today it issued 2,000,000 new Ordinary shares for cash at 108.4 pence per share under its Ordinary share block listing facility.

Following this issue, the Company's issued share capital consists of 219,407,952 Ordinary shares.

17th August 2022

Alison Vincent

JPMorgan Funds Limited - Company Secretary

Telephone 0207 742 4000

For further information and for further stock issuance, please contact:

Fin Bodman / Neil Martin

JPMorgan Funds Limited

Telephone 0207 742 4000

Tom Skinner

Investec Bank

Telephone 0207 597 4196