New Issue: JPMorgan prices $18.64 million PLUS linked to S&P 500 index

By Marisa Wong

Madison, Wis., July 2 - JPMorgan Chase & Co. priced $18.64 million of 0% Performance Leveraged Upside Securities due Aug. 1, 2013 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 plus triple any gain in the index, up to a maximum payment of $11.70 per $10 principal amount.

Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$18,639,390
Maturity:	Aug. 1, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any gain in the index, up to a maximum payment of $11.70 per note; full exposure to any losses
Initial level:	1,329.04
Pricing date:	June 28
Settlement date:	July 3
Agent:	J.P. Morgan Securities LLC
Distribution:	Through Morgan Stanley Smith Barney LLC
Fees:	2%
Cusip:	46637G546

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