Total Voting Rights

STOCK EXCHANGE ANNOUNCEMENT

VOTING RIGHTS AND CAPITAL

JPMORGAN US SMALLER COMPANIES INVESTMENT TRUST PLC

(the 'Company')

Legal Entity Identifier: 549300MDD7SOXDMBN667

Information disclosed in accordance with DTR 5.6

In conformity with the Transparency Directive we would like to notify the market of the following:

As at 31st January 2020, the Company's issued share capital consists of 58,626,928 Ordinary 2.5 pence shares. The Company does not hold any shares in Treasury.

Therefore, as at 31st January 2020, the total number of voting rights for Ordinary shareholders in JPMorgan US Smaller Companies Investment Trust plc is 58,626,928.

The above figure (58,626,928) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to, their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

31st January 2020

For further information, please contact:

Lucy Dina

For and on behalf of

JPMorgan Funds Limited - Company Secretary

020 7742 4000