AMENDMENT TO SHAREHOLDER SERVICING AGREEMENT

AMENDMENT TO

THIS AMENDMENT is made as of August 22, 2013, by and between JPMorgan Distribution Services, Inc., and the entities who are currently parties to the Shareholder Servicing Agreement in place for certain of the open-end investment companies in the X.X. Xxxxxx Funds (the “Agreement”).

WHEREAS, the parties hereto wish to amend the Agreement, to remove JPMorgan Mutual Fund Group, as well as to update Schedule B.

NOW, THEREFORE, in consideration of the mutual premises and covenants herein set forth, the parties agree as follows:

1.	Capitalized terms not otherwise defined herein shall have the same meaning as are set forth in the Agreement.

2.	As of the date of the Amendment, Schedule A is replaced with the new new Schedule A.

3.	As of the date of the Amendment, Schedule B is replaced with the attached new Schedule B.

4	This Amendment shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

5.	This Amendment may be executed in one or more counterparts, each of which will be deemed an original, but all of which together shall constitute one and the same instrument.

* * * *

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the day and year first above written.


JPMorgan Distribution Services, Inc.

By:		/s/ Xxxxxxxx X. Xxxxxxx
		Name: Xxxxxxxx X. Xxxxxxx
		Title: Managing Director

X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc.
X.X. Xxxxxx Mutual Fund Group
X.X. Xxxxxx Mutual Fund Investment Trust
Undiscovered Managers Funds
JPMorgan Trust I
JPMorgan Trust II

By:		/c/ Xxx X. Xxxx
		Name: Xxx X. Xxxx
		Title: Treasurer

SCHEDULE A

TO THE SHAREHOLDER SERVICING AGREEMENT

(Effective as of August 22, 2013)

Name of Trust


Name ot Entity		State and Form of Organization
X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc		Maryland corporation

X.X. Xxxxxx Mutual Fund Investment Trust		Massachusetts business trust

Undiscovered Managers Funds		Massachusetts business trust

JPMorgan Trust I		Delaware statutory trust

JPMorgan Trust II		Delaware statutory trust

SCHEDULE B

TO THE SHAREHOLDER SERVICING AGREEMENT

(Amended as of August 22, 2013)

Money Market Funds


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan 100% U.S. Treasury Securities Money Market Fund	JPMorgan 100% U.S. Treasury Securities Money Market Fund	Capital		0.05	%
		Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Service		0.30	%
JPMorgan California Municipal Money Market Fund	JPMorgan California Tax Free Money Market Fund	Xxxxxx		0.35	%
		E*TRADE		0.30	%
		Service		0.30	%
JPMorgan Current Yield Money Market Fund	N/A	Capital		0.05	%
		Institutional		0.10	%
JPMorgan Federal Money Market Fund	JPMorgan Federal Money Market Fund	Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
JPMorgan Liquid Assets Money Market Fund	One Group Prime Money Market Fund	Capital		0.05	%
		Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Investor		0.35	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Class B		0.25	%
		Class C		0.25	%
		Service		0.30	%
		E*TRADE		0.30	%
JPMorgan Michigan Municipal Money Market Fund	One Group Michigan Municipal Money Market Fund	Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%

B - 1


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Municipal Money Market Fund	One Group Municipal Money Market Fund	Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Service		0.30	%
		E*TRADE		0.30	%
JPMorgan New York Municipal Money Market Fund	JPMorgan New York Tax Free Money Market Fund	Xxxxxx		0.35	%
		Reserve		0.30	%
		Service		0.30	%
		E*TRADE		0.30	%
JPMorgan Ohio Municipal Money Market Fund	One Group Ohio Municipal Money Market Fund	Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Service		0.30	%
JPMorgan Prime Money Market Fund	JPMorgan Prime Money Market Fund	Capital		0.05	%
		Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Class B		0.25	%
		Class C		0.25	%
		Cash Management		0.30	%
		Investor		0.35	%
		Service		0.30	%
		Direct		0.15	%
		Eagle		0.30	%
JPMorgan Tax Free Money Market Fund	JPMorgan Tax Free Money Market Fund	Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Direct		0.15	%
		Eagle		0.30	%

B - 2


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan U.S. Government Money Market Fund	One Group Government Money Market Fund	Capital		0.05	%
		Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Service		0.30	%
		Investor		0.35	%
		Direct		0.15	%
		Eagle		0.30	%
JPMorgan U.S. Treasury Plus Money Market Fund	One Group U.S. Treasury Securities Money Market Fund	Institutional		0.10	%
		Agency		0.15	%
		Premier		0.30	%
		Investor		0.35	%
		Xxxxxx		0.35	%
		Reserve		0.30	%
		Class B		0.25	%
		Class C		0.25	%
		Service		0.30	%
		Direct		0.15	%
		Eagle		0.30	%

Equity Funds


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
Highbridge Statistical Market Neutral Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Access Balanced Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Access Growth Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%

B - 3


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Alternative Strategies Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Asia Pacific Fund	JPMorgan Asia Pacific Focus Fund (name effective until 6/28/12)	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
XXXxxxxx Xxxxx Xxxxxx Xxxx	X/X	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Disciplined Equity Fund	JPMorgan Disciplined Equity Fund	Class A		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Diversified Fund	JPMorgan Diversified Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Diversified Risk Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Intrepid Mid Cap Fund	One Group Diversified Mid Cap Fund and JPMorgan Diversified Mid Cap Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Mid Cap Growth Fund	One Group Mid Cap Growth Fund and JPMorgan Diversified Mid Cap Growth Fund (name effective until 6/27/09)	Class A Class B		0.25 0.25	% %
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Dynamic Growth Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Dynamic Small Cap Growth Fund	JPMorgan Dynamic Small Cap Fund (name effective until 6/29/07)	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%

B - 4


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Emerging Economies Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Emerging Markets Equity Fund	JPMorgan Xxxxxxx Emerging Markets Equity Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Emerging Markets Equity Income Fund (effective upon the effectiveness of the Fund’s registration statement)	N/A	Class A Class C		0.25 0.25	% %
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Equity Focus Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Equity Income Fund	One Group Equity Income Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Equity Index Fund	One Group Equity Index Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Global Allocation Income Fund	JPMorgan Global Flexible Fund (name effective until 2/17/11)	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
JPMorgan Global Equity Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Global Natural Resources Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%

B - 5


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Global Opportunities Fund	JPMorgan Global Focus Fund (name effective until 11/1/11)	Class A Class C		0.25 0.25	% %
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Global Research Enhanced Index Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
JPMorgan Global Unconstrained Equity Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Growth and Income Fund	JPMorgan Growth and Income Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Growth Long/Short Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan India Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan International Equity Fund	JPMorgan Xxxxxxx International Equity Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan International Equity Index Fund	One Group International Equity Index Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
JPMorgan International Opportunities Fund	JPMorgan Xxxxxxx International Opportunities Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%

B - 6


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan International Small Cap Equity Fund	JPMorgan Xxxxxxx International Small Cap Equity Fund	Class A		0.25	%
		Class B		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan International Unconstrained Equity Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan International Realty Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan International Value Fund	JPMorgan Xxxxxxx International Value Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Institutional		0.10	%
JPMorgan Intrepid America Fund	JPMorgan Intrepid America Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Intrepid Advantage Fund	JPMorgan Intrepid Investor Fund, JPMorgan Intrepid Contrarian Fund (name effective until 4/10/06) and JPMorgan Intrepid Multi Cap Fund (name effective until 4/30/13)	Class A Class C Select		0.25 0.25 0.25	% % %
JPMorgan Intrepid European Fund	JPMorgan Xxxxxxx Intrepid European Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Intrepid Growth Fund	JPMorgan Intrepid Growth Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%

B - 7


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Intrepid International Fund	JPMorgan Xxxxxxx Tax Aware International Opportunities Fund and JPMorgan Tax Aware International	Class A Class C		0.25 0.25	% %
	Opportunities Fund	Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan Intrepid Value Fund	JPMorgan Intrepid Value Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Investor Balanced Fund	One Group Investor Balanced Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Investor Conservative Growth Fund	One Group Investor Conservative Growth Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Investor Growth Fund	One Group Investor Growth Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Investor Growth & Income Fund	One Group Investor Growth & Income Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
JPMorgan Large Cap Growth Fund	One Group Large Cap Growth Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Large Cap Value Fund	One Group Large Cap Value Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Latin America Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%

B - 8


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Market Expansion Enhanced Index Fund	One Group Market Expansion Index Fund and JPMorgan Market Expansion Index Fund (name effective until 4/30/13)	Class A Class B Class C		0.25 0.25 0.25	% % %
		Select		0.25	%
		Class R2		0.25	%
JPMorgan Mid Cap Core Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Mid Cap Equity Fund	JPMorgan Mid Cap Equity Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Growth Advantage Fund	JPMorgan Mid Cap Growth Fund (change effective 8/17/05)	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Mid Cap Value Fund	JPMorgan Mid Cap Value Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan Multi-Cap Long/Short Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Multi-Cap Market Neutral Fund	One Group Market Neutral Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Research Equity Long/Short Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Research Market Neutral Fund	JPMorgan Market Neutral Fund (name effective until 2/28/10)	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Institutional		0.10	%
		Select		0.25	%

B - 9


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Russia Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Small Cap Core Fund	JPMorgan Trust Small Cap Equity Fund	Select		0.25	%
JPMorgan Small Cap Equity Fund	JPMorgan Small Cap Equity Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Small Cap Growth Fund	One Group Small Cap Growth Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Institutional		0.10	%
JPMorgan Small Cap Value Fund	One Group Small Cap Value Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartAllocation Equity Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2010 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2015 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%

B - 10


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement 2020 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2025 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2030 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2035 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2040 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2045 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2050 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan SmartRetirement 2055 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%

B - 11


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement Blend Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2015 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2020 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2025 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2030 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2035 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2040 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2045 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%

B - 12


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement Blend 2050 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan SmartRetirement Blend 2055 Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Strategic Preservation Fund	JPMorgan Global Strategic Preservation Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Tax Aware Equity Fund	JPMorgan Tax Aware Disciplined Equity Fund (name effective until 12/10/10)	Class A Class C		0.25 0.25	% %
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Total Emerging Markets Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan U.S. Dynamic Plus Fund	JPMorgan Intrepid Long/Short Fund (name effective until	Class A		0.25	%
	11/1/07) and JPMorgan Intrepid Plus Fund (name effective until 5/3/10)	Class C Select		0.25 0.25	% %
JPMorgan U.S. Equity Fund	JPMorgan U.S. Equity Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan U.S. Large Cap Core Plus Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan U.S. Large Cap Core Plus Fund II	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%

B - 13


Current Name	Former Name	Share Class	Shareholder Servicing Fee * (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan U.S. Real Estate Fund	One Group Real Estate Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan U.S. Research Equity Plus Fund		Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan U.S. Small Company Fund	JPMorgan U.S. Small Company Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan Value Advantage Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
Undiscovered Managers Behavioral Value Fund	Undiscovered Managers Behavioral Value Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
		Class R2		0.25	%
JPMorgan Realty Income Fund	Undiscovered Managers REIT Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Institutional		0.10	%
		Class R5		0.05	%
Security Capital U.S. Core Real Estate Securities Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%

B - 14

Fixed Income Funds


Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
Highbridge Dynamic Commodities Strategy Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Arizona Municipal Bond Fund	One Group Arizona Municipal Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan California Tax Free Bond Fund	JPMorgan California Bond Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Commodities Strategy Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Core Bond Fund	One Group Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Core Plus Bond Fund	One Group Income Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Institutional		0.10	%
JPMorgan Corporate Bond Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Credit Opportunities Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Current Income Fund	N/A	Select		0.25	%
		Institutional		0.10	%

B - 15


Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Diversified Real Return Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Dynamic Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Emerging Markets Corporate Debt Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Emerging Markets Debt Fund	JPMorgan Xxxxxxx Emerging Markets Debt Fund	Select		0.25	%
		Class A		0.25	%
		Class C		0.25	%
		Class R5		0.05	%
JPMorgan Emerging Markets Local Currency Debt Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Ex-G4 Currency Strategies Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Floating Rate Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Global Bond Opportunities Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Government Bond Fund	One Group Government Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
JPMorgan High Yield Fund	One Group High Yield Bond Fund and	Class A		0.25	%
	JPMorgan High Yield Bond Fund (name effective until 9/14/09)	Class B Class C		0.25 0.25	% %
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%

B - 16


Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Income Builder Fund	JPMorgan World Income Builder Fund	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Inflation Managed Bond Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Intermediate Tax Free Bond Fund	JPMorgan Intermediate Tax Free Income Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan International Currency Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Managed Income Fund	N/A	Select		0.25	%
		Institutional		0.10	%
JPMorgan Michigan Municipal Bond Fund	One Group Michigan Municipal Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Mortgage-Backed Securities Fund	One Group Mortgage-Backed Securities Fund	Class A		0.25	%
		Class C		0.75	%
		Select		0.25	%
JPMorgan Multi-Sector Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Municipal Income Fund	One Group Municipal Income Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan New York Tax Free Bond Fund	JPMorgan New York Intermediate Tax Free Income Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%

B - 17


Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Ohio Municipal Bond Fund	One Group Ohio Municipal Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Real Return Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%
JPMorgan Short Duration Bond Fund	One Group Short-Term Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Short Duration High Yield Fund		Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Short-Intermediate Municipal Bond Fund	One Group Short-Term Municipal Bond Fund and JPMorgan Short Term Municipal Bond Fund (name effective until 4/30/09)	Class A Class B Class C		0.25 0.25 0.25	% % %
		Select		0.25	%
		Institutional		0.10	%
JPMorgan SmartAllocation Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R2		0.25	%
		Class R5		0.05	%
JPMorgan Strategic Income Opportunities Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Tax Aware High Income Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Tax Aware Income Opportunities Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Tax Aware Real Return Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Institutional		0.10	%

B - 18


Current Name	Former Name	Share Class	Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Tax Free Bond Fund	One Group Tax-Free Bond Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Total Bond Plus Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Total Return Fund	N/A	Class A		0.25	%
		Class C		0.25	%
		Select		0.25	%
		Class R5		0.05	%
JPMorgan Treasury & Agency Fund	One Group Treasury & Agency Fund	Class A		0.25	%
		Class B		0.25	%
		Class C		0.25	%
		Select		0.25	%
JPMorgan Limited Duration Bond Fund	One Group Ultra Short-Term Bond Fund and JPMorgan Ultra Short Term Bond Fund (name change effective 7/1/06) and JPMorgan Ultra Short Duration Bond Fund (name effective until 8/31/09)	Class A Class B Class C Select		0.25 0.25 0.25 0.25	% % % %

*	Up to 0.25% of this fee may be for the Shareholder Services described in Section 2.2 of this Agreement.

B - 19

* * * *


JPMorgan Distribution Services, Inc.		X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc. X.X. Xxxxxx Mutual Fund Investment Trust JPMorgan Trust I JPMorgan Trust II Undiscovered Managers Funds On behalf of themselves and each of their Funds

By:	/s/ Xxxxxxxx X. Xxxxxxx	By:	/s/ Xxx X. Xxxx

Name:	Xxxxxxxx X. Xxxxxxx	Name:	Xxx X. Xxxx

Title:	Managing Director	Title:	Treasurer

B - 20

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AMENDMENT TO SHAREHOLDER SERVICING AGREEMENT

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