J.P. Morgan Treasury Services Maintains Quality Leadership in ACH Payment Processing

J.P. Morgan Ranked First in ACH Originations for 2009, According to NACHA
Firm Reports Online Payment Growth up 16 Percent

NEW YORK- April 26, 2010 - J.P. Morgan's Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, today announced it continues to be the industry leader in ACH payments origination as a direct result of a commitment to quality and customer service. The firm's fully scalable platform, advanced electronic systems and proprietary software set the industry standard for ACH products and services. J.P. Morgan was ranked first in ACH payments origination for 2009, according to NACHA, The Electronic Payments Association.

"J.P. Morgan's commitment to quality has set the stage for our continued stability and our capacity to successfully support clients amidst the financial turmoil of the past year," stated Pat Thelen, executive director, J.P. Morgan Treasury Services. "We are constantly challenging ourselves to improve efficiency, which enables us to help our clients further streamline their payment processes."

J.P. Morgan delivers an industry-leading depth of service and support to its clients. The firm provides a network of remote contingency sites for business continuity in the event of an emergency or disaster. Additionally, J.P. Morgan's ACH business has achieved ISO 9001:2000 certification, which recognizes the overall quality and timeliness of the firm's processing of all domestic and international ACH transactions through the bank's state-of-the-art facility.

Electronic Payments Continue to Expand
J.P. Morgan continued its online payment growth in 2009, achieving an increase of 16 percent over the previous year. "This growth in electronic payments is a result of the increase in online payment transactions," explained Thelen. "As consumers and small businesses increasingly adopt online banking tools that deliver a convenient, secure, electronic means of making payments, J.P. Morgan is helping clients manage these rising online banking volumes efficiently. While we continue to enable consumers to make payments electronically through Chase.com, we are similarly helping billers manage the accounts receivable process with products such as eLockbox. We support the entire electronic payments cycle for our clients."

J.P. Morgan to Participate at Payments 2010 Conference
J.P. Morgan will have a strong presence at the Payments 2010 conference in Seattle, Washington, April 25-28. Sponsored by NACHA, J.P. Morgan senior executives will share best practices and industry insights during educational sessions scheduled as part of the four-day program.

"We are pleased to partner with some of our most valued clients to discuss important industry topics that will bring perspective and insight to conference attendees," added Thelen. "J.P. Morgan values the leadership NACHA has provided the industry and it is our pleasure to support this important event."

For more information on J.P. Morgan Treasury Services, visit: www.jpmorgan.com/ts.

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 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 100,000 clients and services provided in more than 60 countries and 40 states, 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 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 and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com