New Issue: JPMorgan prices $1.07 million return notes linked to Topix index

By Marisa Wong

Madison, Wis., March 11 - JPMorgan Chase & Co. priced $1.07 million of 0% return notes due March 25, 2015 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the index return multiplied by (c) the index adjustment factor, which is 99%. Because of the index adjustment factor, investors will lose principal if the index return is less than 1.01010%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Return notes
Underlying index:	Topix
Amount:	$1,068,000
Maturity:	March 25, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	(a) $1,000 multiplied by (b) one plus index return multiplied by (c) 99%
Initial index level:	1,236.97
Final index level:	Average of index's closing levels on five trading days ending March 20, 2015
Pricing date:	March 7
Settlement date:	March 12
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48127DAR9

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