28th Sep 2005 10:39
JPMorgan Securities Ltd28 September 2005 28/09/2005 Not for distribution, directly or indirectly, in or into the United States orany jurisdiction in which such distribution would be unlawful. J.P. MorganChase & Company Stabilisation Notice J.P. Morgan Securities Limited (contact: Richard Howard; telephone:+44-207-779-2468) hereby gives notice that the Stabilising Manager(s) namedbelow may stabilise the offer of the following securities in accordance withCommission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive(2003/6/EC). The securities: Issuer: J.P. Morgan Chase & Company Guarantor (if any): N/A Aggregate nominalamount: €1,250,000,000 Description: EMTN, Subordinated Holding Company Offer price: TBD Other offer terms: Coupon: 3m•+40 basis points, final maturity 12 October 2015.Stabilisation: Stabilising Manager(s): JPMorgan Securities Limited: 125 London Wall, London EC2Y 5AJ Stabilisation period expected to 28/09/05start on: Stabilisation period expected to end 28/10/2005no later than: (30 days after the proposed issue date of the securities) Maximum size of over-allotment 5% of the aggregate nominal amount statedfacility: above. In connection with the offer of the above securities, the Stabilising Manager(s), or persons acting on behalf of the Stabilising Manager(s) may over-allotthe securities, provided that the aggregate principal amount of the securitiesallotted does not exceed 105 percent of the aggregate principal amount of thesecurities, or effect transactions with a view to supporting the market price ofthe securities at a level higher than that which might otherwise prevail.However, there is no assurance that the Stabilising Manager(s) or persons actingon behalf of the Stabilisation Manager(s) will take any stabilisation action.Stabilisation action may begin on or after the date on which adequate publicdisclosure of the final terms of the offer is made and, if begun, may be endedat any time, but it must end no later than the earlier of 30 days after theissue date of the securities and 60 days after the date of allotment of thesecurities. This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of the Issuer in any jurisdiction. This announcement and the offer of the securities to which it relates are onlyaddressed to and directed at persons outside the United Kingdom and persons inthe United Kingdom who have professional experience in matters related toinvestments or who are high net worth persons within article 12(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2005 andmust not be acted on or relied on by other persons in the United Kingdom.In addition, if and to the extent that this announcement is communicated in, orthe offer of the securities to which it relates is made in, any EEA Member Statethat has implemented Directive 2003/71/EC (together with any applicableimplementing measures in any Member State, the "Prospectus Directive") beforethe publication of a prospectus in relation to the securities which has beenapproved by the competent authority in that Member State in accordance with theProspectus Directive (or which has been approved by a competent authority inanother Member State and notified to the competent authority in that MemberState in accordance with the Prospectus Directive), this announcement and theoffer are only addressed to and directed at persons in that Member State who arequalified investors within the meaning of the Prospectus Directive (or who areother persons to whom the offer may lawfully be addressed) and must not be actedon or relied on by other persons in that Member State. This announcement is not an offer of securities for sale into the United States.The securities have not been, and will not be, registered under the UnitedStates Securities Act of 1933 and may not be offered or sold in the UnitedStates absent registration or an exemption from registration. There will be nopublic offer of securities in the United States. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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