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Published on 11/5/2012 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $5,000 capped buffered return notes linked to Russell

By Toni Weeks

San Diego, Nov. 5 - JPMorgan Chase & Co. priced $5,000 of 0% capped buffered return enhanced notes due Oct. 31, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level is greater than the index strike level, the payout at maturity will be par plus double any index gain, up to a maximum return of 19.5%.

Investors will receive par if the index declines from the index strike level by up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the underwriter.

Issuer:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying index:Russell 2000
Amount:$5,000
Maturity:Oct. 31, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus double any index gain, capped at 19.5%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Index strike level:813.25
Pricing date:Nov. 1
Settlement date:Nov. 5
Agent:J.P. Morgan Securities LLC
Fees:3.13%, including 2% for selling concessions
Cusip:48126DFP9

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