New Issue: JPMorgan prices $2.63 million PLUS due 2014 linked to S&P 500 index

By Jennifer Chiou

New York, Feb. 20 - JPMorgan Chase & Co. priced $2,634,120 of 0% Performance Leveraged Upside Securities due Aug. 19, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of 7%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$2,634,120
Maturity:	Aug. 19, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 7%; exposure to any losses
Initial level:	1,838.63
Pricing date:	Feb. 14
Settlement date:	Feb. 20
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48127E841

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