The 4th western European blue chip company to appoint JPMorgan as successor depositary bank this year
London, June 23, 2006 – JPMorgan today announced that it has been appointed successor depositary bank for the American Depositary Receipt (ADR) programme of United Utilities, the FTSE 100 company.
JPMorgan maintains an extensive European client base, managing more than 70 blue-chip sponsored ADR programmes in the region, including over 30 ADR clients in the UK.
Patrick Colle, global head of ADR client management at JPMorgan Worldwide Securities Services, said, “we are delighted that United Utilities has chosen JPMorgan to manage its ADR programme. We look forward to supporting and growing United Utilities’ ADR programme by putting our unique ADR resources to work, which include the DR Liquidity Solutions unit, the dedicated Investor Relations and Advisory team, and our widely-followed ADR.com Web site.”
More information on ADRs and international equities is available at JPMorgan’s award-winning Web site
www.adr.com.
About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is the global industry leader with $11.7 trillion in assets under custody. JPMorgan provides innovative custody and securities products and services to the world’s largest institutional investors and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 80 markets to help clients optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and collateral management services.
For more information, please visit
www.jpmorgan.com/visit/wss.
About JPMorgan
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at
www.jpmorganchase.com.
