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Published on 4/22/2014 in the Prospect News Structured Products Daily.

Correction: JPMorgan prices $931,000 9% reverse exchangeables linked to Yahoo

New York, April 22 - JPMorgan Chase & Co. amended the total amount of its recently priced 9% reverse exchangeable notes due Oct. 20, 2014 linked to Yahoo! Inc. shares to $931,000 from $913,000, according to a 424B8 filing with the Securities and Exchange Commission.

As reported, the payout at maturity will be par in cash unless Yahoo shares fall below the protection price of $25.6575, 75% of the initial price of $34.21, during the life of the notes and finish below the initial price in which case the payout will be 29.2312 shares of Yahoo stock.

JPMorgan is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Reverse exchangeable notes
Underlying stock:Yahoo! Inc. (Symbol: YHOO)
Amount:$931,000
Maturity:Oct. 20, 2014
Coupon:9%, payable monthly
Price:Par
Payout at maturity:Par in cash unless Yahoo shares fall below the protection price of $25.6575, 75% of the initial price, and finish below the initial price, in which case 29.2312 shares of Yahoo stock
Initial price:$34.21
Protection price:$25.6575, 75% of $34.21
Exchange ratio:29.2312
Pricing date:April 15
Settlement date:April 21
Amendment date:April 21
Agent:JPMorgan
Fees:1.85%
Cusip:48127DDM7

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