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J.P. Morgan Recognised For Excellence in Transaction Banking and Cash Management in Australia

Jun 15, 2009

Sydney, 1 June, 2009 – Demonstrating its continued industry leadership and innovation, J.P. Morgan was recently awarded dual honours for Country Awards - Best Transaction Bank and Best Cash Management Bank in The Asset’s 2009 Triple A Transaction Banking Awards.

“We have maintained an unrelenting focus on client needs and servicing, particularly during the extraordinary market conditions of recent times, which has been acknowledged by these accolades,” said Tony O’Neill, Head of Treasury Services for Australia and New Zealand.

J.P. Morgan was also acknowledged for the ability to provide clients with a complete service offering, including investment banking, treasury and cash management services. According to The Asset, J.P. Morgan is recognized as “one of the very few banks in the region that operates with a so-called 360 degrees capability.”

“A client focus drives our agenda from product development through to the delivery of strategic programs and integrated platforms. With a continued commitment to client servicing and solutions our treasury services business will continue to build on our leadership position,” Tony O’Neill said.

During the previous twelve months, J.P. Morgan has expanded its range of client solutions and increased its management and client-facing bench strength.

“We are thrilled with these results which recognise Treasury and Securities Services’ leadership position in the local market,” said Jane Perry, Chief Executive Officer of J.P. Morgan Worldwide Securities Services, Australia and New Zealand.

“Capturing these two significant awards is a proud achievement for us and we are delighted to be recognised as the leading provider of treasury, cash management and custodial services in Australia and New Zealand.”

About J.P. Morgan Treasury Services
The Treasury Services business of J.P. Morgan is a top-ranked, full-service provider of innovative payment, collection, liquidity and investment management, trade finance, commercial card and information solutions to corporations, financial services institutions, middle market companies, small businesses, governments and municipalities worldwide. With more than 50,000 clients and a presence in 39 countries, J.P. Morgan Treasury Services is one of the world's largest providers of treasury management services and a division of JPMorgan Chase Bank, N.A., member FDIC. More information can be found at www.jpmorgan.com/ts

About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, N.A. (NYSE: JPM), WSS leverages the firm’s unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $13.5 trillion in assets under custody and $5.4 trillion in funds under administration. For more information, go to www.jpmorgan.com.au/wss

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and 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, Chase, and Washington Mutual brands. In Asia Pacific, J.P. Morgan operates through 25 offices in 15 countries and has developed its wholesale banking franchise during a history of almost 160 years in the region. More information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.