UK Press Office

KOREA NATIONAL PENSION SERVICE ACQUIRES HSBC GLOBAL HEADQUARTERS

• Partnership formed with J.P. Morgan Asset Management to facilitate the acquisition

INVESTMENT TRUST COMPANY DIRECTORS SAY NEW DISTRIBUTION CHANNELS ARE KEY TO THE FUTURE OF INVESTMENT TRUSTS

• Key to future prosperity is providing private investors and retail savers with easier access to investing

EUROPEAN INVESTORS IGNORING UPSIDE POTENTIAL OF US EQUITIES

• US corporate earnings for Q3 off to a good start

• US to be fastest growing G7 economy in 2010, says IMF

J.P. MORGAN'S ASSET MANAGEMENT'S ‘GUIDE TO THE MARKETS’ EVENT ASKS WHETHER EMERGING MARKETS ARE TOO BIG TO IGNORE

• Emerging markets bull run has only just started.

J.P. MORGAN ASSET MANAGEMENT INCREASES DOMINANCE IN LIQUIDITY FUNDS ARENA

• JPM USD Liquidity Fund is the first mutual fund in Europe to hit $100bn.

• Size, strength and trust are key.

BUILDING FOR RECOVERY: JPM EMERGING MARKETS INFRASTRUCTURE FUND ONE YEAR ON

• Global fiscal stimulus packages are boosting infrastructure spending.

CONVERTIBLES FUND ADDED TO SKANDIA PLATFORM

• JPM Global Convertibles Fund available for the risk-averse, income orientated investor.

J.P. MORGAN ASSET MANAGEMENT CONTINUES TO BOLSTER FIXED INCOME TEAM

• J.P. Morgan Asset Management has added to its fixed income capability with two appointments to the team.

J.P. MORGAN WEALTHMANAGER+ TO LAUNCH IN OCTOBER

• J.P. Morgan Asset Management to enhance its online, service and wrapper offering.

JAPAN SET FOR A GOOD SUMMER

• J.P. Morgan Asset Management says Japan’s summer in the spotlight will have a positive impact on Japanese equities.

J.P. MORGAN PRIVATE EQUITY EXCEEDS FUNDRAISING TARGET

• J.P. Morgan Private Equity Limited announces that it has exceeded the Company’s initial fundraising target by over 50%.

SEVEN THOUSAND IFAS INVESTIGATING THE VALUE OF THEIR BUSINESS

• Over 7,000 IFAs have downloaded a guide to valuing an IFA business, since its launch less than a month ago

TWO MORE FUNDS ADDED TO SELESTIA PLATFORM

• Funds aim to offer investors low volatility in turbulent markets

MAKING INCOME, THE OUTCOME

• Multi-asset income fund launched

• Fund offers competitive yield to bolster income in low interest rate environment

'REAPING REWARDS' HELPS IFAs UNDERSTAND AND OPTIMISE THE VALUE OF THEIR BUSINESS

• A practical guide for IFAs to understand the value of their business in a 'buyers market'

• Exclusive analysis from Ernst & Young into M&A activity in advisory sector

THOUSANDS DOWNLOAD IFA RECESSION PACK

• The pack offers advisors tips on how to cut costs, maintain profit margins, diversify their client base and address concerns that IFAs may have in the current market environment.

JPM HIGHBRIDGE STATISTICAL MARKET NEUTRAL FUND ADDED TO ZURICH LIFE PLATFORM

• J.P. Morgan Asset Management adds top performing fund to existing 30

CONVERTIBLES ARE CHEAP NOW BUT VALUATIONS WILL REBOUND

• Investors should invest in convertibles while they offer such value, but not compromise on quality or diversification in chasing high yields

FIXED INCOME CAPABILITY BOLSTERED UNDER BOB MICHELE

• JPM launches 'best ideas' global bond fund

• Bob Michele and team draw on vast experience in fixed income markets

JPMORGAN EUROPEAN FLEDGELING ADDS GEARING AND GOES FOR GROWTH STOCKS

• JPMorgan European Fledgeling Investment Trust has added gearing of up to 108% in the last three weeks

IFA RECESSION PACK LAUNCHED

• Pack offers advice on how to 'recession-proof' businesses and best serve and guide clients

"HIGHBRIDGE OVER TROUBLED WATER"

• JPM Highbridge Statistical Market Neutral Fund delivers 10% in volatile markets

• Fund now available on Cofunds platform

FIVE NEW BOND FUNDS LAUNCHED TO EUROPEAN INVESTORS

• J.P. Morgan Asset Management launches five new bond funds to Europen investors

UK INSTITUTIONAL BUSINESS RECEIVED OVER USD 4.2BN IN NEW ASSETS

• J.P.Morgan Asset Management announced its UK Institutional business received over USD 4.2bn in new assets

IFAS GAIN HOLISTIC VIEW OF CLIENTS ASSETS WITH LIQUIDITY FUND

• AAA rated JPM Sterling Liquidity Fund available for first time on Cofunds

• IFAs able to offer advice on cash element of clients' savings

JPMORGAN EUROPEAN FLEDGELING MOVES INTO MICRO CAPS

• JPMorgan European Fledgeling Investment Trust doubles its weighting in micro cap stocks

COFUNDS TO OFFER OFFSHORE FUNDS FOR THE FIRST TIME

• J.P. Morgan Asset Management teams up with Cofunds to offer offshore funds for the first time

REPORT OFFERS HOPE TO WEALTH MANAGERS SEEKING TO SURVIVE THE STORM

• Wealth Management industry facing triple whammy impact of credit crunch and needs to react

• Ability to demonstrate past performance is key to selecting a wealth manager

• New breed of young high net worth requires different wealth management services to older peers

RECORD NUMBERS FLOCK TO ‘GUIDE TO THE MARKETS’ IN 2009

• Over 1000 register for Guide to the Markets forum in worst economic environment for 80 years

10TH ANNUAL GLOBAL CASH MANAGEMENT SURVEY

• Focus on security drives "flight to quality"

• Concerns over credit risk fuels trend towards outsourcing

IFAs FAVOUR US EQUITIES IN LATEST POLL

• Over half surveyed favoured US equities

• Nearly 40% to increase equity exposure in next 6 months

STRENGTH, VALUE FOR MONEY AND TRUST ENSURE SIXTH GOLD STANDARD AWARD

• JPMorgan Asset Management awarded Incisive Media Gold Standard for SIXTH consecutive year

• IFA Online award JPMorgan Asset Management for the 'Best On-Line Educational Initiative'

THOUSANDS DOWNLOAD TREATING CUSTOMERS FAIRLY REPORT

• December "treating customers fairly" deadline looms ever closer

• Access the report at www.jpmorganassetmanagement.co.uk/ifareports

AWARDED BEST INVESTMENT TRUST GROUP FOR SECOND YEAR

• JPMorgan Asset Management has been awarded Best Investment Trust Group for the second year in succession at the Investment Week Investment Trust Awards.

INVESTMENT OPPORTUNITIES IN US EQUITIES

• Manager of JPMorgan American Investment Trust says there is a good case in favour of investing in US equities

TREATING CUSTOMERS FAIRLY - FROM THE HORSE'S MOUTH

• JPMorgan Asset Management launched an essential report on Treating Customers Fairly

• Product disclosure is the key principle of fairness according to consumers

• A performance-related charging structure is most favoured

• Access the report at www.jpmorganassetmanagement.co.uk/ifareports

JPMORGAN INDIAN INVESTMENT TRUST SHARE ISSUE

• The Board of JPMorgan Indian Investment Trust has announced a bonus issue of Subscription Shares

JPMORGAN EMERGING MARKETS CONTINUES TO PERFORM IN DIFFICULT MARKETS

• In the past 12 months JPMorgan Emerging Markets Investment Trust provided shareholders with a positive return.

TRUSTEES SAY DC IS READY TO DIVERSIFY

• Funds need to diversify to meet future demands

• Alternative/diversified funds are suitable for default options

• However, trustees feel increasing pressure to deliver for their members

JPMORGAN ASSET MANAGEMENT LAUNCHES JPM EMERGING MARKETS INFRASTRUCTURE FUND

• Reap the benefits of the emerging markets infrastructure spending spree

• Rapid urbanisation fuelling demand for investment in infrastructure

BEAR STEARNS PRIVATE EQUITY LIMITED CHANGES NAME TO J.P. MORGAN PRIVATE EQUITY LIMITED

• Shareholders of Bear Stearns Private Equity Limited have approved the proposed name change to J.P. Morgan Private Equity Limited

ENERGY AND MINING STOCKS CHEAPEST FOR A DECADE

• Fundamentals underpinning sector still sound

• Infrastructure growth in emerging markets remains robust

INVESTMENT TRUSTS OFFER CHEAP PURCHASES FOR INVESTORS

• JPMorgan Asset Management says investment trusts are offering cheap investment opportunities for investors.

JAPANESE COMPANIES OFFER COMPELLING OPPORTUNITIES

• Japanese equity market has started to outperform other global equity markets

TRADITIONAL INVESTMENT TRUSTS PROVIDE SAFE HAVEN FOR INVESTORS SEEKING REGULAR INCOME

• JPMorgan Asset Management says older investment trusts are continuing to provide investors with a consistent income without damaging capital growth

JPMORGAN HIGHBRIDGE FUND ADDS STERLING HEDGED SHARE

• JPMorgan Highbridge Statistical Market Neutral Fund offers haven for currency risk-averse investors

• Fund to sit in IMA Absolute Return sector

HENDERSON CONFIDENT IN LONG-TERM COMMODITY PROSPECTS

• Extraordinary infrastructure demands from emerging markets an ongoing influence

• Consumption of commodities increasing

• Attractive valuations in sector

OLYMPICS NOT THE STARTING GUN FOR CHINA

• Olympics just a small step in the wider transition of China's economy

• Transition to high end manufacturing well advanced

INVESTMENT TRUST MANAGERS FIND VALUE IN BOTTOM-UP PROCESS

• JPMorgan European Fledgeling Investment Trust Managers said the trust's objective can be achieved through diversification and active stock selection.

COMMODITIES CAUSE DIVERGENCE IN EMERGING MARKETS

• Oil dependant countries lagging their energy rich neighbours

• Investors moving away from countries with expected high energy prices

CONSULTANTS BATTLE IT OUT FOR CHARITY AT JPMORGAN ASSET MANAGEMENT ROUND THE ISLAND RACE

• Hewitt Associates rule the waves and take top spot

• Last year's fundraising total already exceeded

JPMORGAN ASSET MANAGEMENT TAKES TOP SPOTS IN THE THOMPSON REUTERS EXTEL SURVEY 2008

• JPMorgan Asset Management named as leading Pan-European Fund Management firm in Thomson Reuters Extel Survey 2008

• JPMAM'S Peter Lawrence named Leading Pan-European Fund Management Individual and Asif Jeevanjee as runner-up

JPMORGAN ASSET MANAGEMENT CONTINUES MOMENTUM IN UK INSTITUTIONAL BUSINESS

• JPMorgan Asset Management announced today that it had won 21 mandates from UK pension plans at year to date 2008.

JPMORGAN AMERICAN INVESTMENT TRUST SAYS ITS TIME TO LOOK FORWARD

• The investment manager of the JPMorgan American Investment Trust insists now is the time to look to the future and position portfolios accordingly.

JPMORGAN ASSET MANAGEMENT LAUNCHES JPM EMERGING MARKETS INFRASTRUCTURE EQUITY FUND

• Share in the emerging markets building boom

• Access the trends driving the infrastructure theme

INVESTORS NOT CAUTIOUS ABOUT TOTAL RETURN

• JPM Cautious Total Return Fund one of the fastest growing in its sector

• AUM doubled in just 10 months

• Lowest volatility with top returns

JPMORGAN LAUNCHES IPO OF NEW CLOSED-ENDED CONVERTIBLES INVESTMENT COMPANY TO UK MARKET

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA AUSTRALIA OR JAPAN

• Objective to offer superior risk-adjusted returns against debt and equities markets

• Company to access JPMorgan Asset Management Global Multi-Asset Group's market-leading team

JPMORGAN ASSET MANAGEMENT TOPS CITYWIRE RATINGS IN ‘TOP 100’ REPORT

• JPMorgan Asset Management has the most AAA rated managers over 3 years

• Georgina Brittain rated third overall in top 100 fund managers in the UK

YOU HAVE TO BE IN IT TO WIN IT

• Harness the market’s nervous energy to capitalise on volatility

JPMORGAN UK STRATEGIC EQUITY INCOME FUND GETS GO AHEAD TO MERGE WITH JPM EQUITY INCOME FUND

• 95% of shareholders vote in favour of merger

JPMORGAN ASSET MANAGEMENT SCOOPS TWO PROFESSIONAL ADVISER AWARDS

• Austin Forey and team win the best Emerging Markets fund in ‘Hot 100’ over 3 years

• JPMorgan Asset Management wins best Investment Trust group

JPM EUROPE DYNAMIC LONG SHORT FUND WINS EUROHEDGE AWARD TWICE IN SUCCESSION

• JPMorgan Asset Management is delighted to announce that the JPM Europe Dynamic Long Short Fund has been awarded the Eurohedge 2007 Award - European Equity (under US$500 million). This is the second successive year that the Fund has won this award.

JPMORGAN ASSET MANAGEMENT HOSTS FIRST INTERACTIVE AGM FOR CHINESE INVESTMENT TRUST

• For the first time ever, investors in the £128m JPMorgan Chinese Investment Trust plc will be given the opportunity to ask questions at the Company’s AGM on Tuesday 11 December 2007 online via JPMorgan Asset Management’s (JPMAM) new interactive AGM service.

FIVE GOLDS IN A ROW FOR JPMORGAN ASSET MANAGEMENT

• JPMorgan Asset Management awarded Incisive Media Gold Standard for FIFTH consecutive year

• JPMAM also crowned What Investment’s Fund Management Group of the year, IFA Online’s ‘Best Online Financial Adviser’ and Investment Week’s Investment Trust ‘Group of the Year’

JPMORGAN ASSET MANAGEMENT SCOOPS BEST GROUP AWARD AT INVESTMENT WEEK AWARDS 2007

• JPMorgan Asset Management triumphs as it wins ‘Group of the Year’ category at this year’s Investment Week Investment Trusts of the Year awards

JPMORGAN ASSET MANAGEMENT LAUNCHES ITS COMPREHENSIVE GUIDE TO MiFID FOR FINANCIAL ADVISERS

• MiFID identified by IFAs as one of the biggest key drivers of change in next 3 years

• Confusion still exists yet UK IFAs are well ahead of European counterparts

CONVERGENCE IN EASTERN EUROPE IS KEY TO FURTHER GROWTH

• Growth in emerging Europe dependent on the ‘3 C’s’

• JPM New Europe Fund returns over 417% over 5 years

THERE’S A WORLD OF INCOME OUT THERE! JPMORGAN ASSET MANAGEMENT URGES INCOME INVESTORS TO BROADEN THEIR HORIZONS

• Ability to ‘go-anywhere’ is literally paying dividends

EXPAND YOUR HORIZONS WITH JPMORGAN ASSET MANAGEMENT’S BLEND OF FIVE EXCITING EMERGING MARKETS INVESTMENT TRUSTS

• Bundled incentive share plan for investors

• Emerging markets webcast goes live 1st October 2007

• www.jpmorganinvestmenttrusts.co.uk/spicy5

PARENTS SACRIFICE OWN RETIREMENT NEST EGG TO PUT CHILDREN’S FUTURE FIRST

• 18% of parents sacrifice own or partner’s pension to afford their child’s private education

• A quarter (25%) dip into existing savings to cover costs of private schooling

• 16% of parents fund their child’s private education using their bonus

JPMORGAN ASSET MANAGEMENT TOPS CITYWIRE RATINGS

• 15 Citywire rated fund managers

• More AAA rated fund managers than any other fund group

LESSONS FROM THE US – HOW UK IFAs AND ASSET MANAGERS CAN BENEFIT FROM THE US

• UK IFA industry experiencing similar pressures to US industry

• Size matters but small can be successful in the UK and US

JPMORGAN ASSET MANAGEMENT - PIONEERING PRICING REFORMS TAKE EFFECT FROM 1st SEPTEMBER

• JPMorgan Asset Management poised to set the industry benchmark for transparency ahead of widespread regulatory reforms

• New simplified pricing and share class structure for UK OEICS to take effect

HOLIDAYS AND HOBBIES SACRIFICED AS PARENTS STRUGGLE TO FUND CHILDREN’S PRIVATE SCHOOL FEES

• More than half of parents (52%) sacrifice holidays to pay for their children’s private education

• 58% of parents who pay towards their child’s private education spend 10% or more of their household income on fees

• 54% of parents say poor choice of state schools in their area is one reason they send their children to private school

JPMORGAN ASSET MANAGEMENT OFFERS IFA SURVIVAL GUIDE FOLLOWING EXTENSIVE INDUSTRY RESEARCH

• Advisory market faces mass regulatory and commercial change yet powerful opportunitiesexist

• Over 200 investment advisors surveyed about their future business concerns

JPMORGAN ASSET MANAGEMENT TO MAKE FAR REACHING, PIONEERING PRICING REFORMS CONSISTENT WITH FSA’s RDR FINDINGS

• JPMorgan Asset Management notifies shareholders of new simplified pricing structure for UK EICS

• Sets the industry benchmark for transparency ahead of widespread regulatory reforms

• Fixed expenses across the range – simplified charging and share class structure

JPMORGAN ASSET MANAGEMENT ANALYSTS GAIN THE TOP TWO PLACES IN THOMSON EXTEL 2007 BEST OF THE BUYSIDE AWARDS

• JPMorgan Asset Management rated third out of 759 firms in Leading Pan-European Fund Management Firm award

JPMORGAN ASSET MANAGEMENT EXPANDS CONVERTIBLE BOND TEAM

• JPMorgan Asset Management announced today the appointment of Mustaq Rahaman as convertible bond portfolio manager in its global multi-asset group (GMAG).

JPMORGAN ASSET MANAGEMENT LAUNCHES THE JPM FLEXIBLE BOND FUND

• A total return bond fund for all market environments

JPMORGAN ASSET MANAGEMENT LAUNCHES TOTAL RETURN LIFE FUNDS

• A core holding for DC schemes that aims to deliver consistent returns in any market conditions

FOUR CONSECUTIVE YEARS OF DOUBLE DIGIT RETURNS FOR TOP-PERFORMING

• Net asset value up +24% outpaces +20% benchmark over one year*

• Trust has outperformed its index over 1, 3, 5 and 10 years**

• Bottom-up investment process and impact of gearing in a rising market has helped drive performance

COMMODITIES BOOM - NO SIGNS OF BURSTING SAYS HENDERSON

• Manager of the top performing JPM Natural Resources Fund increases exposure to uranium and gold as commodities look stronger than ever

JPMORGAN ASSET MANAGEMENT CONTINUES MOMENTUM IN UK INSTITUTIONAL BUSINESS

• JPMorgan Asset Management announced today that it had won 27 mandates from UK pension plans at year to date 2007.

JPMORGAN ASSET MANAGEMENT APPOINTED BY NEWHAM COUNCIL AS MANAGER OF £15M OF PENSION FUND ASSETS

• Assets to be invested in the JPM Managed Currency Plus Fund

JPMORGAN FLEMING MERCANTILE INVESTMENT TRUST PLC DELIVERS +33% TOTAL RETURN TO SHAREHOLDERS

• Total shareholder return was +33.1% beating benchmark return of +24.3%

• Total dividend of 25.00p for the year, up 15% on 2006

• Focus on UK small and mid sized companies

£110,000 POTENTIAL PIGGY BANK FOR CHILDREN NOT ELIGIBLE FOR CTFs, SAYS JPMORGAN ASSET MANAGEMENT

• Government celebrates the second anniversary of the launch of the Child Trust Fund.

JPMORGAN ASSET MANAGEMENT ENCOURAGES TAX-EFFICIENT INVESTMENTS

• Transaction charge waived on £1000 (minimum) Investment Trust ISAs

• Initial investment charge is reduced by two per cent for OEIC ISAs

• Free ISA and PEP transfers until 30 April 2007

• Call free on 0800 20 40 20 for more information

JPMORGAN ASSET MANAGEMENT APPOINTS JONATHAN INGRAM TO LEAD EUROPEAN HIGHER ALPHA TEAM

• JPMorgan Asset Management today announced the appointment of Jonathan Ingram to lead the European Higher Alpha team, which is responsible for the management of the group's highly successful Dynamic fund range.

JPMORGAN ASSET MANAGEMENT TAKES THREE OF THE TOP SIX PLACES IN CITYWIRE TOP 100 FUND MANAGERS 2007

• Austin Forey No. 1 in Global Emerging Markets Sector and No. 6 in Top 100

• Georgina Brittain and Mark Davids are joint No. 2 in Top 100

• JPMAM has most rated fund managers over one and three years

WIN A TRIP TO DISNEYLAND® PARIS WITH JPMORGAN ASSET MANAGEMENT'S SAVING FOR CHILDREN SCHEME

• JPMorgan Asset Management offering the opportunity for individuals to win one of five family holidays to Disneyland® Resorts Paris.

JPMORGAN ASSET MANAGEMENT ENCOURAGES TAX-EFFICIENT INVESTMENTS

• Transaction charge waived on £1000 (minimum) investments

• Free ISA and PEP transfers until 30 April 2007

• Call free on 0800 40 30 30 for more information

JPMORGAN ASSET MANAGEMENT FUNDS ADDED TO STANDARD LIFE'S LIFE AND PENSIONS PLATFORM

• JPMorgan Asset Management is pleased to announce the addition of the JPM Global Property Securities Fund and the JPM Cautious Total Return Fund to Standard Life Assurance Ltd's Life and Pensions platform.

JPMORGAN ASSET MANAGEMENT LAUNCHES PROGRESSIVE MULTI-STRATEGY FUND

• Fund aims to deliver equity-like returns with much lower volatility for investors

• Greater transparency through single charging structure

• Guernsey-based closed-end investment company to launch in March 2007 on AIM and CISX

JPMORGAN ASSET MANAGEMENT LAUNCHES 'GUIDE TO THE MARKETS'

• Value added service designed to help investment advisers navigate their way around world markets

• Provides neutral information on key macro-economic themes

• Already an enthusiastic reception from IFAs and investment professionals

THE INCOME FUND THAT GOES FURTHER - JPMORGAN ASSET MANAGEMENT LAUNCHES GLOBAL EQUITY INCOME FUND

• Fund already receiving a positive response from investment professionals

• Cash is king

• Enhanced commission terms for IFAs throughout 2007

INVESTORS REMINDED ABOUT CONVERSION DATE BETWEEN JPM EUROPEAN INVESTMENT TRUST SHARE CLASSES

• JPMorgan Asset Management is reminding investors that the date for converting between share classes is 15 March 2007.

JPMORGAN ASSET MANAGEMENT APPOINTED BY BEDFORDSHIRE COUNTY COUNCIL AS MANAGER OF £20M OF PENSION FUND ASSETS

• Assets to be invested in the JPM Managed Currency Plus Fund

JPMORGAN ASSET MANAGEMENT CONTINUES TO EXPAND

• Alex Barry moves to Head of Wholesale Channel

• Mike Parsons appointed Head of UK Distributor Sales

• Derek Borthwick appointed Regional Sales Manager