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 August 2018

Managed Growth portfolio

JPMorgan Claverhouse Inv Trust

10.4%

JPMorgan American Inv Trust

9.8%

JPMorgan US Equity All Capital C

8.3%

JPMorgan UK Dynamic C

7.9%

Finsbury Growth & Income

7.7%

JPMorgan US Select Equity C

7.5%

JPM UK Equity Plus C

5.2%

JPMorgan Japanese Inv Trust

5.0%

JPMorgan European Inv Trust (Growth)

4.2%

Allianz Technology Trust

3.5%

Total

69.4%

Managed Income portfolio

Royal Dutch Shell

9.1%

HSBC

5.8%

BP

5.6%

GlaxoSmithKline

4.0%

Rio Tinto

3.5%

British American Tobacco

3.2%

Lloyds Banking

3.1%

JPMorgan Global High Yield Bond Fund

3.0%

Prudential

2.5%

Aviva

2.4%

Total

42.2%

Managed Cash portfolio

Institutional Cash Series Heritage Fund

16.9%

JPMorgan Sterling Liquidity Fund

16.9%

Insight Sterling Liquidity Fund

16.8%

Deutsche Global Liquidity Managed Sterling Fund

16.7%

Fidelity Institutional Sterling Cash Fund

16.6%

Aberdeen Sterling Liquidity Fund

16.4%

Total

100.0%

* Based on invested portfolio

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: 12 September 2018