New Issue: JPMorgan prices $3.02 million PLUS linked to Financial Select Sector SPDR

By Angela McDaniels

Tacoma, Wash., Feb. 1 - JPMorgan Chase & Co. priced $3.02 million of 0% Performance Leveraged Upside Securities due March 5, 2014 linked to the Financial Select Sector SPDR fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10.00 plus 300% of the fund return, subject to a maximum payment of $11.50 per note. Investors will lose 1% for every 1% decline in the fund.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying ETF:	Financial Select Sector SPDR fund
Amount:	$3,022,730
Maturity:	March 5, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If fund return is positive, par plus 300% of fund return, subject to maximum payment of $11.50 per note; investors will lose 1% for every 1% decline in fund
Initial share price:	$17.39
Pricing date:	Jan. 30
Settlement date:	Feb. 4
Underwriter:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2%
Cusip:	48126E370

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