New Issue: JPMorgan prices $6.98 million PLUS linked to Financial Select fund

By Angela McDaniels

Tacoma, Wash., March 18 - JPMorgan Chase & Co. priced $6.98 million of 0% Performance Leveraged Upside Securities due April 19, 2015 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any gain in the fund share price, up to a maximum payment of $11.40 per note. Investors will share fully in losses.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying ETF:	Financial Select Sector SPDR fund
Amount:	$6,984,400
Maturity:	April 19, 2015
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus triple any fund gain, up to a maximum return of 14%; full exposure to losses
Initial share price:	$21.80
Pricing date:	March 14
Settlement date:	March 19
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2%
Cusip:	48127E593

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