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Published on 3/29/2007 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $0.175 million 0% principal-protected notes linked to S&P 500

New York, March 29 - JPMorgan Chase & Co. priced a $0.175 million offering of zero-coupon principal-protected notes due Sept. 30, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 105% of any increase in the index. Investors will receive at least par.

J.P. Morgan Securities Inc. is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Principal-protected senior notes
Underlying index:S&P 500
Amount:$0.175 million
Maturity:Sept. 30, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 105% of any index gain, floor of par
Initial index level:1,428.61
Pricing date:March 27
Settlement date:March 30
Agent:J.P. Morgan Securities Inc.
Agent fees:3.3%, including 0.5% for selling concessions

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