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Published on 12/12/2011 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $6.68 million 0% buffered return enhanced notes linked to Euro Stoxx

By Toni Weeks

San Diego, Dec. 12 - JPMorgan Chase & Co. priced $6.68 million of 0% buffered return enhanced notes due Dec. 15, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.09 times any gain in the index.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Buffered return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$6,681,000
Maturity:Dec. 15, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 109% of any gain in the index; par if index falls by up to 20%; exposure to losses beyond 20% buffer
Initial level:2,288.05
Pricing date:Dec. 8
Settlement date:Dec. 13
Agent:JPMorgan Securities LLC
Fees:2.05%, including 0.75% for selling concessions
Cusip:48125VEW6

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