New Issue: JPMorgan prices $1.03 million contingent absolute return autocallables on NetApp

By Marisa Wong

Madison, Wis., Oct. 23 - JPMorgan Chase & Co. priced $1.03 million of 0% contingent absolute return autocallable optimization securities due Oct. 25, 2013 linked to the common stock of NetApp, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 15.15% if NetApp stock closes at or above the initial share price on any quarterly observation date.

If the notes are not called and the final share price is greater than or equal to the trigger price, 70% of the initial share price, the payout at maturity will be par plus the absolute value of the stock return. Otherwise, investors will be fully exposed to the stock decline.

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

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent absolute return autocallable optimization securities
Underlying stock:	NetApp, Inc. (Nasdaq: NTAP)
Amount:	$1,034,000
Maturity:	Oct. 25, 2013
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If final share price is greater than or equal to trigger price, par plus absolute value of stock return; otherwise, full exposure to stock decline
Call:	At par plus 15.15% per year if NetApp stock closes at or above initial share price on Jan. 22, April 22, July 22, 2013 or Oct. 21, 2013
Initial share price:	$29.93
Trigger price:	$20.95, 70% of initial share price
Pricing date:	Oct. 19
Settlement date:	Oct. 24
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48126E529

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