J.P. MORGAN ASSET MANAGEMENT

• 64999 - Financial intermediation not elsewhere classified

This is a marketing communication and as such the views contained herein are not to be taken as advice or a recommendation to buy or sell any investment or interest thereto. Reliance upon information in this material is at the sole discretion of the reader. Any research in this document has been obtained and may have been acted upon by J.P. Morgan Asset Management for its own purpose. The results of such research are being made available as additional information and do not necessarily reflect the views of J.P. Morgan Asset Management. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are, unless otherwise stated, J.P. Morgan Asset Management's own at the date of this document. They are considered to be reliable at the time of writing, may not necessarily be all inclusive and are not guaranteed as to accuracy. They may be subject to change without reference or notification to you. It should be noted that the value..

Also known as: THE MERCANTILE INVESTMENT TRUST PLC

Previous names: FLEMING MERCANTILE INVESTMENT TRUST PUBLIC LIMITED COMPANY (THE), JPMORGAN FLEMING MERCANTILE INVESTMENT TRUST PLC

Registration numbers: 00020537 (CH), 01161446 (W), B27900 (W)

Primary location: London United Kingdom