New Issue: JPMorgan prices $1.22 million buffered return enhanced notes linked to Russell 2000

New York, April 27 - JPMorgan Chase & Co. priced $1.215 million of 0% buffered return enhanced notes due Oct. 31, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum return of 20%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

JPMorgan Securities Inc. is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered return enhanced notes
Underlying stock:	Russell 2000
Amount:	$1.215 million
Maturity:	Oct. 31, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, capped at 20%; par if index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial price:	812.12
Pricing date:	April 25
Settlement date:	April 30
Agent:	JPMorgan Securities Inc.
Fees:	2.05%, including 0.25% for selling concessions
Cusip:	48125VTB6

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