New Issue: JPMorgan sells $3.7 million 12.65% trigger yield notes on Temple-Inland via UBS

By Susanna Moon

Chicago, Feb. 16 - JPMorgan Chase & Co. priced $3.7 million of 12.65% trigger yield optimization notes due Feb. 21, 2012 linked to the common stock of Temple-Inland, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Each note has a face amount of $25.10, which is equal to the initial share price of Temple-Inland stock.

Interest is payable monthly.

The payout at maturity will be par unless the final share price is less than 80% of the initial share price, in which case the payout will be one Temple-Inland share per note.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase & Co.
Issue:	Trigger yield optimization notes
Underlying stock:	Temple-Inland, Inc. (NYSE: TIN)
Amount:	$3,699,991
Maturity:	Feb. 21, 2012
Coupon:	12.65%, payable monthly
Price:	Par of $25.10
Payout at maturity:	If final share price is less than trigger price, one Temple-Inland share; otherwise, par
Initial share price:	$25.10
Trigger price:	$20.08, or 80% of initial price
Pricing date:	Feb. 14
Settlement date:	Feb. 17
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	46634X369

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