New Issue: JPMorgan prices $2.29 million 0% buffered return enhanced notes linked to Russell

By Toni Weeks

San Diego, March 29 - JPMorgan Chase & Co. priced $2.29 million of 0% buffered return enhanced notes due Sept. 30, 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 gain in the index, subject to a maximum return of 19%.

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

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered return enhanced notes
Underlying index:	Russell 2000
Amount:	$2,293,000
Maturity:	Sept. 30, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any gain in the index, subject to maximum return of 19%; par if index declines by up to 10%; exposure to losses beyond 10%
Initial level:	839.98
Pricing date:	March 27
Settlement date:	March 30
Agent:	JPMorgan Securities LLC
Fees:	1.87%, including 0.25% for selling concessions
Cusip:	48125VPN4

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