New Issue: JPMorgan sells $6.2 million return enhanced notes linked to Euro Stoxx

By Jennifer Chiou

New York, July 18 - JPMorgan Chase & Co. sold $6.2 million of 0% return enhanced senior notes due July 25, 2007 linked to the Dow Jones Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus three times any positive return on the index, capped at a maximum payout of 24%. Investors will be fully exposed to any decline in the index level.

Issuer:	JPMorgan Chase & Co.
Issue:	Return enhanced senior notes
Underlying index:	Dow Jones Euro Stoxx 50
Amount:	$6.2 million
Maturity:	July 25, 2007
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times any return on the index, capped at 24% payout; full exposure to any index decline
Pricing date:	July 14
Settlement date:	July 19
Agent:	J.P. Morgan Securities Inc.

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