LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN SMALLER COMPANIES INVESTMENT TRUST PLC

REPURCHASE OF ORDINARY SHARES FOR CANCELLATION

(the 'Company')

Legal Entity Identifier: 549300PXALXKUMU9JM18

Information disclosed in accordance with LR 12.4.6 and DTR 5.5.1

JPMorgan Smaller Companies Investment Trust plc has today purchased 16,852 ordinary shares for cancellation at 886.71 pence per share.

Following the transaction the number of ordinary shares in issue is 16,446,959.

The Company does not hold any shares in Treasury. Any shares held in Treasury would only be re-issued at a premium to net asset value.                         

24 March 2017     

For further information, please contact:

Divya Amin

JPMorgan Funds Limited

020 7742 4000