Transaction in Own Shares

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN AMERICAN INVESTMENT TRUST PLC

(the 'Company')

REPURCHASE OF ORDINARY SHARES INTO TREASURY

The Company announces that it has today purchased 14,487 ordinary shares into Treasury at 359.33 pence per share.

Following the transaction the Company holds 23,060,507 shares in Treasury. The shares in issue less the total number of Treasury shares is 258,573,403. The Company will only re-issue shares held in treasury at a premium to net asset value.

15 December 2016

For further information, please contact:

Alison Vincent

JPMorgan Funds Limited

020 7742 4000