Ten Largest Investments

JPMORGAN ELECT PLC (the 'Company')

Legal Entity Identifier: 549300FIUYKKL39ILD07

THE COMPANY ANNOUNCES THE TEN LARGEST INVESTMENTS IN % OF TOTAL ASSETS As at: 31 Aug 2017

Managed Growth portfolio

JPMorgan UK Dynamic C

11.0%

JPMorgan Claverhouse Inv Trust

10.0%

JPMorgan US Equity All Capital C

8.7%

JPMorgan American Inv Trust

8.6%

JPMorgan US Select Equity C

8.5%

Finsbury Growth & Income

7.3%

JPMorgan European Inv Trust (Growth)

4.7%

JPMorgan Japanese Inv Trust

3.9%

Schroder UK Growth

2.9%

Murray Income Trust

2.9%

Total

68.5%

Managed Income portfolio

Royal Dutch Shell

7.4%

HSBC

6.7%

British American Tobacco

4.7%

GlaxoSmithKline

4.4%

BP

3.8%

Rio Tinto

3.7%

Lloyds Banking

3.4%

JPMorgan Global High Yield Bond Fund

3.2%

Unilever

2.9%

Vodafone

2.8%

Total

43.0%

Managed Cash portfolio

JPMorgan Sterling Liquidity Fund

16.9%

Insight Sterling Liquidity Fund

16.7%

Deutsche Global Liquidity Managed Sterling Fund

16.7%

Institutional Cash Series Heritage Fund

16.7%

Aberdeen Sterling Liquidity Fund

16.6%

Fidelity Institutional Sterling Cash Fund

16.4%

Total

100.0%

Name of contact and telephone number for queries:

Debbie Sarfas 0044 207 742 3449

Name of authorised company official responsible for making this notification:

Faith Pengelly 0044 207 742 8627 - Company Secretary

Date: 11 September 2017