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JPM: JP Morgan Chase: JPMorgan Chase Announces Redemption of Approximately $9.0 Billion in Aggregate Amount of Outstanding Trust

  JPM: JP Morgan Chase: JPMorgan Chase Announces Redemption of Approximately
  $9.0 Billion in Aggregate Amount of Outstanding Trust Preferred Capital

UK Regulatory Announcement


JPMorgan Chase & Co. (NYSE: JPM) – Following the Federal Reserve’s
announcement on June 7, 2012 of proposed rules which will implement the
phase-out of Tier 1 capital treatment for trust preferred capital securities,
JPMorgan Chase & Co. announced today that each of the trusts listed below will
redeem all of the issued and outstanding trust preferred capital securities
identified below on July 12, 2012 pursuant to redemption provisions relating
to the occurrence of a “Capital Treatment Event” (as defined in the documents
governing those securities). In each case, the redemption price will be 100%
of the liquidation amount of each trust preferred capital security, together
with accrued and unpaid distributions to the redemption date. The redemptions
will be funded with available cash.

Trust           Security                  Amount            CUSIP
JPMorgan           5.875% Capital
Chase           Securities, Series O      $92,939,000       46627NAA3
Capital XV
JPMorgan           5.850% Capital
Chase           Securities, Series Q      $500,000,000      46627VAA5
Capital XVII
Chase           6.950% Capital            $750,000,000      481227AA4
Capital            Securities, Series R
JPMorgan           6.550% Capital
Chase           Securities, Series T      $909,576,000      48123CAA2
Capital XX
JPMorgan           6.450% Capital
Chase           Securities, Series V      $913,773,000      48123QAA1
Capital XXII
JPMorgan           6.800% Capital
Chase           Securities, Series Y      $1,500,000,000    46631VAA9
Capital XXV
JPMorgan           Fixed-to-Floating Rate
Chase           Capital Securities,       $1,815,000,000    48124G104
Capital XXVI       Series Z
Chase           7.000% Capital            $1,000,000,000    48125BAA2
Capital            Securities, Series AA
JPMorgan           Fixed-to-Floating Rate
Chase           Capital Securities,       $1,500,000,000    48124Y204
Capital            Series BB

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm
with assets of $2.3 trillion and operations worldwide. The firm is a leader in
investment banking, financial services for consumers and small businesses,
commercial banking, financial transaction processing, asset management and
private equity. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. serves millions of consumers in the United States and many of the
world’s most prominent corporate, institutional and government clients under
its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is
available at

JPMorgan Chase & Co.
Joe Evangelisti, 212-270-7438
Sarah Youngwood, 212-270-7325


JPMorgan Chase & Co.