JPMorgan to price buffered return enhanced notes tied to JPMorgan Commodity Crude Oil index

By E. Janene Geiss

Philadelphia, Feb. 25 - JPMorgan Chase & Co. plans to price 0% buffered return enhanced notes due Sept. 8, 2010 linked to the JPMorgan Commodity Curve Index - Crude Oil Excess Return index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 1.14 times any index gain, capped at 39.9%.

If the index declines by up to 15%, the payout will be par. Investors will lose 1% for each 1% the index declines beyond 15%.

The notes are expected to price on March 2 and settle on March 5.

J.P. Morgan Securities Inc. is the agent.

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