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Published on 4/3/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.42 million PLUS linked to five stocks

By Angela McDaniels

Tacoma, Wash., April 3 - JPMorgan Chase & Co. priced $1.42 million of 0% Performance Leveraged Upside Securities due May 5, 2015 linked to a basket of common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes Google Inc., Palo Alto Networks, Inc., Qlik Technologies Inc., salesforce.com, inc. and Time Warner Inc., equally weighted.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return, subject to a maximum return of 20.15%. If the basket return is negative, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying stocks:Google Inc., Palo Alto Networks, Inc., Qlik Technologies Inc., salesforce.com, inc. and Time Warner Inc., equally weighted.
Amount:$1,421,000
Maturity:May 5, 2015
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 150% of basket return, subject to maximum return of 20.15%; if basket return is negative, one-to-one exposure to decline
Pricing date:March 31
Settlement date:April 3
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Smith Barney LLC
Fees:2%
Cusip:48127DED6

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