Ten Largest Investments

JPMORGAN MULTI-ASSET TRUST PLC (the 'Company')

Legal Entity Identifier: 549300C0UCY8X2QXW762

THE COMPANY ANNOUNCES THE TEN LARGEST INVESTMENTS IN % OF TOTAL ASSETS As at: 30 April 2019

JPMorgan Global High Yield Bond Fund

14.8%

Infrastructure Investments Fund

10.3%

MSCI EMGMKT (New Style) Index Equity (Future)

7.1%

JPMorgan Emerging Markets Debt Fund

4.5%

US ULTRA (New Style) Bond Commodity (Future)

4.1%

Pfizer

2.6%

Coca-Cola

2.6%

Nestle

2.5%

Verizon Communications

2.1%

JPMorgan Emerging Markets Local Currency Debt Fund

2.0%

Total

52.7%

Name of contact and telephone number for queries:

Paul Ainger 0044 207 742 6524

Name of authorised company official responsible for making this notification:

Paul Winship 0044 207 742 9815 - Company Secretary

Date: 13 May 2019