New Issue: JPMorgan prices $4.43 million buffered equity notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 30 - JPMorgan Chase & Co. priced $4.43 million of 0% buffered equity notes due Feb. 7, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the lesser of the index return and 7% if the index return is positive. Investors will receive par if the index declines by 12% or less and will lose 1% for every 1% that it declines beyond 12%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered equity notes
Underlying index:	S&P 500
Amount:	$4,425,000
Maturity:	Feb. 7, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to maximum return of 7%; par if index declines by 12% or less; 1% loss for every 1% that index declines beyond 12%
Initial index level:	1,318.43
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48125VKZ2

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