New Issue: JPMorgan prices $19.45 million capped buffered return enhanced notes linked to MSCI EAFE

By Jennifer Chiou

New York, Feb. 21 - JPMorgan Chase & Co. priced $19,449,000 of 0% capped buffered return enhanced notes due March 5, 2014 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum return of 11.325%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying index:	MSCI EAFE
Amount:	$19,449,000
Maturity:	March 5, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times index return if index return is positive, subject to 11.325% maximum return; par if index declines by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	1,663.46
Pricing date:	Feb. 15
Settlement date:	Feb. 21
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48126DXF1

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