New Issue: JPMorgan sells $1.66 million 10.5% trigger optimization notes on Harley-Davidson

By Marisa Wong

Madison, Wis., Aug. 24 - JPMorgan Chase & Co. priced $1.66 million of 10.5% trigger yield optimization notes due Aug. 24, 2012 linked to the common stock of Harley-Davidson, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The face amount of each note is equal to the initial price of Harley-Davidson stock.

The payout at maturity will be par unless the final price of Harley-Davidson stock is less than 75% of the initial share price, in which case investors will receive one Harley-Davidson share per note.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the underwriters.

Issuer:	JPMorgan Chase & Co.
Issue:	Trigger yield optimization notes
Underlying stock:	Harley-Davidson, Inc. (NYSE: HOG)
Amount:	$1,663,009.01
Maturity:	Aug. 24, 2012
Coupon:	10.5%, payable monthly
Price:	Par of $32.11
Payout at maturity:	If final share price is less than trigger price, one Harley-Davidson share; otherwise, par
Initial share price:	$32.11
Trigger price:	$24.08, 75% of initial price
Pricing date:	Aug. 19
Settlement date:	Aug. 24
Underwriters:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	2%
Cusip:	46636T853

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