New Issue: JPMorgan prices $95,000 10% reverse convertibles linked to Goodyear Tire

New York, Jan. 18 - JPMorgan Chase & Co. priced $95,000 of 10% reverse convertible notes due July 19, 2013 linked to Goodyear Tire & Rubber Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless Goodyear Tire shares fall below the protection price of $11.08, 80% of the initial price of $13.85, during the life of the notes and finish below the initial price in which case the payout will be 72.2022 shares of Goodyear Tire stock.

JPMorgan is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Reverse convertible notes
Underlying stock:	Goodyear Tire & Rubber Co. (Symbol: GT)
Amount:	$95,000
Maturity:	July 19, 2013
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Goodyear Tire shares fall below the protection price of $11.08, 80% of the initial price, and finish below the initial price, in which case 72.2022 shares of Goodyear Tire stock
Initial price:	$13.85
Protection price:	$11.08, 80% of $13.85
Exchange ratio:	72.2022
Pricing date:	Jan. 16
Settlement date:	Jan. 22
Agent:	JPMorgan
Fees:	2.45%
Cusip:	48126DSG5

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