J.P. Morgan Asset Management To Increase Disclosure Of Market-Based Net Asset Values (NAVs) For Three U.S. Money Market Funds

J.P. Morgan Asset Management To Increase Disclosure Of Market-Based Net Asset
               Values (NAVs) For Three U.S. Money Market Funds

--Funds' objective to maintain $1.00 stable NAV remains unchanged--

PR Newswire

NEW YORK, Jan. 9, 2013

NEW YORK, Jan. 9, 2013 /PRNewswire/ -- J.P. Morgan Asset Management today
announced that three of its U.S. money market funds will begin to disclose
their market-based NAVs per share (also known as Shadow NAVs) on a daily
basis. This additional disclosure will provide investors with greater
transparency regarding the Market-Based NAV's fluctuation, but will not change
the funds' existing objective to maintain $1.00 stable NAV.

Beginning on January 14, 2013, the JPMorgan Prime Money Market Fund, JPMorgan
Liquid Assets Money Market Fund and the JPMorgan Current Yield Money Market
Fund will calculate their Market-Based NAVs per share to four decimals at the
Funds' close of each trading day and disclose it the following business day on
its website. J.P. Morgan plans to add Market-Based NAVs disclosure for its
other money market funds in the near future.

"Daily disclosure of market-based NAVs will help investors better understand
how day to day market movements or events can affect the value of the funds'
portfolios,"said Robert Deutsch, head of Global Liquidity at J.P. Morgan
Asset Management. "Increased NAV transparency will allow investors to better
understand the nature ofmoney market fund risks and to make more informed
decisions regarding their investments while they continue to enjoy the
benefits that money market funds offer."

Money market funds' Market-Based NAVs per share have historically been
calculated at least weekly, and since December 2010, have been disclosed
monthly to the SEC within Form N-MFP and made public with a 60-day lag.

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.4 trillion
(as of 9/30/2012), is a global leader in investment management. J.P. Morgan
Asset Management's clients include institutions, retail investors and high-net
worth individuals in every major market throughout the world. J.P. Morgan
Asset Management offers global investment management in equities, fixed
income, real estate, hedge funds, private equity and liquidity. J.P. Morgan
Global Liquidity offers clients money market and liquidity products over a
diverse array of currencies, strategies and jurisdictions with a total of $481
billion in assets under management (as of 9/30/2012).JPMorgan Chase & Co.
(NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading
global asset management firm with assets of approximately $2.1 trillion and
operations in more than 60 countries.Information about JPMorgan Chase & Co.
is available at www.jpmorganchase.com.

Contact JPMorgan Distribution Services at 1-800-480-4111 for a fund
prospectus. You can also visit us at www.jpmorganfunds.com . Investors should
carefully consider the investment objectives and risks as well as charges and
expenses of the mutual fund before investing. The prospectus contains this and
other information about the mutual fund. Read the prospectus carefully before

An investment in a money market fund is not insured or guaranteed by the FDIC
or any other government agency. Although money market funds strive to preserve
the value of the investment at $1.00 per share, it is possible to lose money
by investing in a money market fund.

J.P. Morgan Asset Management is the marketing name for the asset management
businesses of JPMorgan Chase & Co. Those businesses include, but are not
limited to, J.P. Morgan Investment Management Inc., Security Capital Research
& Management Incorporated and J.P. Morgan Alternative Asset Management, Inc.

JPMorgan Funds are distributed by JPMorgan Distribution Services, Inc. (JPMDS)
and offered by J.P. Morgan Institutional Investments, Inc. (JPMII); both
affiliates of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive
fees for providing various services to the funds. JPMDS and JPMII are both
members of FINRA/SIPC.


SOURCE J.P. Morgan Asset Management

Website: http://www.jpmorganchase.com
Website: http://www.jpmorganfunds.com
Contact: Charlotte Powell, +1-212-622-4332, charlotte.f.powell@jpmorgan.com
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