Transaction in Own Shares

Jupiter US Smaller Companies plc (the 'Company')

Transaction in Own Shares

The Company announces that it has purchased 18,000 of its Ordinary shares at 857.83 pence per share to be held in treasury.

Following this purchase the issued share capital of the Company is 18,223,413 Ordinary shares, of which 452,661 are held in treasury.

For reporting purposes under the FCA's Disclosure and Transparency Rules the market should exclude any shares held in treasury and should use the figure of 17,770,752 when determining if they are required to notify their interest in, or a change to their interest in the Company.

For further information, please contact:

Richard Pavry

Head of Investment Trusts

Jupiter Asset Management Limited, Company Secretary

investmentcompanies@jupiteram.com

020 3817 1496

2 November 2017

www.jupiteram.com/JUS