New Issue: JPMorgan prices $13.9 million buffered return enhanced notes linked to MSCI EAFE

New York, April 23 - JPMorgan Chase & Co. priced $13.901 million of 0% buffered return enhanced notes due May 7, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 10.65%. Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

JPMorgan Securities Inc. is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered return enhanced notes
Underlying stock:	MSCI EAFE
Amount:	$13.901 million
Maturity:	May 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at 10.65%; par if index declines by 10% or less; 1.1111% loss for every 1% decline beyond 10%
Initial price:	1,671.23
Pricing date:	April 19
Settlement date:	April 24
Agent:	JPMorgan Securities Inc.
Fees:	1%
Cusip:	48126DY78

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