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Published on 1/20/2011 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.7 million single review notes tied to Euro Stoxx 50

By Jennifer Chiou

New York, Jan. 20 - JPMorgan Chase & Co. priced $1.7 million of 0% single review notes due Jan. 27, 2012 linked to the Euro Stoxx 50, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the initial index level on Jan. 24, 2012, the payout at maturity will be par plus 14.7%.

Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Single review notes
Underlying index:Euro Stoxx 50
Amount:$1,704,000
Maturity:Jan. 27, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus 14.7% if final index level is greater than or equal to initial level; otherwise, par if the index declines by 10% or less and a loss of 1.1111% for every 1% that it declines beyond 10%
Initial index level:2,915.62
Pricing date:Jan. 18
Settlement date:Jan. 21
Agent:J.P. Morgan Securities LLC
Fees:0.7%, including 0.05% for selling concessions
Cusip:48125XBD7

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