JPMORGAN ELECT PLC

('the Company')

REPURCHASE OF SHARES

Legal Entity Identifier: 549300FIUYKKL39ILD07

Information disclosed in accordance with LR 12.4.6 and DTR 5.5.1

Managed Growth

The Company has today purchased 67,895 Managed Growth shares into Treasury at 726.48 pence per share.

Following the transaction the Company holds 4,511,621 Managed Growth shares in Treasury.  The remaining Managed Growth shares in issue less the total number of Treasury shares is 34,285,668.

The Company will only re-issue shares held in treasury at a premium to net asset value.

24 March 2017

For further information, please contact:

Rhys Williams

JPMorgan Funds Limited - Secretary

Telephone 020 7742 4000

Julian Dixon               

Winterflood Securities - Stockbrokers to the Company

020 3100 0253