New Issue: JPMorgan prices $14.16 million PLUS linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Nov. 29 - JPMorgan Chase & Co. priced $14.16 million of 0% Performance Leveraged Upside Securities due Dec. 28, 2011 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any increase in the exchange-traded fund's share price, subject to a maximum return of 20%. Investors will be exposed to any decline in the share price.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$14,161,440
Maturity:	Dec. 28, 2011
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any increase in ETF's share price, up to maximum return of 20%; exposure to any share price decline
Initial share price:	$44.89
Pricing date:	Nov. 23
Settlement date:	Nov. 29
Underwriter:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	46634X757

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