New Issue: JPMorgan prices $2.85 million 7% autocallable yield notes tied to Russell, EM fund

By Susanna Moon

Chicago, Nov. 30 - JPMorgan Chase & Co. priced $2.85 million of 7% autocallable yield notes due Nov. 29, 2013 linked to the iShares MSCI Emerging Markets index fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par plus accrued interest if both components close above their initial levels on any of three quarterly call dates.

A trigger event will occur if either component falls below the 65% trigger level on any trading day.

The payout at maturity will be par unless a trigger event occurs and the return of the least-performing component is negative, in which case investors will share in any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Autocallable yield notes
Underlying components:	iShares MSCI Emerging Markets index fund and Russell 2000 index
Amount:	$2,851,000
Maturity:	Nov. 29, 2013
Coupon:	7%, payable monthly
Price:	Par
Payout at maturity:	Par unless either component ever dips below 65% trigger level and worst-performing component falls, in which case full exposure to losses
Call:	At par if both underlying components close at or above initial levels on Feb. 25, May 28, or Aug. 28, 2013
Initial levels:	807.74 for Russell, $41.28 for fund
Buffer amount:	282.709 for Russell, $14.4480 for fund, 35% of initial levels
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Agent:	J.P. Morgan Securities LLC
Fees:	2.2%, including 2.096% for selling concessions
Cusip:	48126DGV5

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