New Issue: JPMorgan prices $1.34 million buffered return enhanced notes linked to iShares MSCI EAFE

By Jennifer Chiou

New York, March 5 - JPMorgan Chase & Co. priced $1.34 million of 0% buffered return enhanced notes due Sept. 8, 2011 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 19.25%. Investors will receive par if the fund falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

JPMorgan Securities Inc. is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered return enhanced notes
Underlying fund:	iShares MSCI EAFE index fund
Amount:	$1,341,000
Maturity:	Sept. 8, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any fund gain, capped at 19.25%; par if index declines by 15% or less; 1% loss for every 1% decline beyond 15%
Initial price:	$54.09
Pricing date:	March 3
Settlement date:	March 8
Agent:	JPMorgan Securities Inc.
Fees:	1.15%
Cusip:	48124AHR1

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