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Published on 2/1/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.02 million six-month PLUS linked to S&P 500 index

By Marisa Wong

Madison, Wis., Feb. 1 - JPMorgan Chase & Co. priced $3.02 million of 0% Performance Leveraged Upside Securities due Aug. 2, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a 6.25% cap. If the final index level is less than the initial index level, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the underwriter.

Issuer:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$3,025,420
Maturity:Aug. 2, 2013
Coupon:0%
Price:Par of $10
Payout at maturity:If final index level is greater than initial index level, par plus 200% of index return, capped at 6.25%; if final level is less than initial level, full exposure to decline
Initial level:1,501.96
Pricing date:Jan. 30
Settlement date:Feb. 4
Agent:J.P. Morgan Securities LLC
Fees:1.5%
Cusip:48124B741

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