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Published on 9/12/2008 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $6.94 million return notes on Commodity Investable Global Asset Rotator

By Jennifer Chiou

New York, Sept. 12 - JPMorgan Chase & Co. priced $6.94 million of zero-coupon return notes due Sept. 15, 2010 linked to the JPMorgan Core Commodity Investable Global Asset Rotator Conditional Long-Short index, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus any index gain and an additional amount of $42.20.

Investors will be exposed to losses but will receive at least the minimum amount of $42.20.

J.P. Morgan Securities Inc. is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Return notes
Underlying index:JPMorgan Core Commodity Investable Global Asset Rotator Conditional Long-Short index
Amount:$6.94 million
Maturity:Sept. 15, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus index return and additional amount of $42.20; floor of $42.20
Pricing date:Sept. 10
Settlement date:Sept. 15
Agent:J.P. Morgan Securities Inc.
Fees:2.99%

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