AMENDMENT TO SUBADVISORY AGREEMENT

AMENDMENT TO SUBADVISORY AGREEMENT

This instrument, dated June 22, 2012, by and between X.X. Xxxxxx Investment Management Inc., a Delaware corporation with its principal office at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“JPMIM” or the “Manager”) and JF International Management Inc., with its principal place of business in Hong Kong located at 00xx Xxxxx, Xxxxxx Xxxxx, 0 Xxxxxxxxx Xxxx Xxxxxxx, Xxxx Xxxx (the “Sub-adviser”) amends the Subadvisory Agreement between JPMIM and the Sub-adviser, dated November 18, 2011 (the “Agreement”) to reflect the change in the name of the Fund (as defined below) and reduce the sub-advisory fee. Unless otherwise defined herein, capitalized terms shall have the meaning ascribed to such terms in the Agreement.

For good value and consideration, JPMIM and the Sub-adviser mutually agree as follows:

1. The first recital in the Agreement is hereby deleted and replaced by the following:

WHEREAS, JPMIM provides investment advisory services to the JPMorgan Asia Pacific Fund (the “Fund”), a series of JPMorgan Trust I, a Delaware statutory trust (the “Trust”), which is registered as an open-end, management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), pursuant to an Amended and Restated Investment Advisory Agreement between JPMIM and the Trust, dated August 11, 2005 (the “Advisory Agreement”); and

2. Section (i) of Schedule I is hereby deleted and replaced by the following:

(i) The Sub-adviser shall be paid a sub-advisory fee for its services, to be paid by the Manager, at a rate of 0.40% per annum on the average daily net asset value of the Assets of the Fund, accrued daily and paid monthly in arrears within 15 business days of each month end.

X.X. Xxxxxx Investment Management Inc.
By:		/s/ Xxxxxxxx X. Xxxxxxx
		Xxxxxxxx X. Xxxxxxx
Title:		Managing Director
JF International Management Inc.
By:		/s/ Xxxxx X. Xxxxxx
		Xxxxx X. Xxxxxx
Title:		Managing Director