J.P. Morgan Wins Record Nine Triple A Transaction Banking Awards from The Asset

HONG KONG, 1 April 2009 – J.P. Morgan was recently recognized by The Asset with nine Triple A Transaction Banking Awards:

• Best Transaction Bank – Australia
• Best Transaction Bank – Japan
• Best Trade Finance Bank – Asia
• Best Cash Management Bank – Australia
• Best Cash Management Bank – Japan
• Best Cash Management Specialist – Financial Institutions – Four Consecutive Years
• Best Cash Management Specialist – Liquidity Solution – Five Consecutive Years
• Best Depositary Receipt Bank
• Best in Transition Management

Why J.P. Morgan?
According to The Asset, J.P. Morgan’s key strength as a transaction bank in the Asia Pacific region and particularly in Australia and Japan is its ability to provide customised solutions to clients. J.P. Morgan is also recognised to be “one of the very few banks in the region that operates with a so-called 360 degrees capability,” said The Asset, referring to the wide range of services that J.P. Morgan provides in Australia and Japan.

Citing the firm’s state-of-the-art proprietary and technology platforms, The Asset judges acknowledged J.P. Morgan’s exceptional clearing capabilities and its ability to develop key partnerships to help its clients expand their global trade business.

J.P. Morgan has a strong reputation in the region for providing robust global structuring solutions to Asian multinational companies. “The bank’s strong balance sheet and solid risk management practice, especially during the difficult operating environment in 2008, was instrumental in winning the Best Liquidity Solution award,“ the judges commented in the summary for this award.

In winning the Best Depositary Receipts Bank award, the judges highlighted the volume of Depositary Receipt business won in 2008 despite harsh market conditions. According to The Asset, “powerful testimonies from its clients on the quality of its service resonated with the panel of editors.”

J.P. Morgan provides a strong platform for transition management services. The judges were impressed by the bank’s use of “sophisticated algorithmic trading strategies and other techniques to achieve clients’ goals.”

In addition to the nine awards above, J.P. Morgan was also highly commended in the following two categories:

• Best Cash Management Deal – PTT, integrated working capital solution
• Best Trade Finance Deal – Reliance Industries, US$400 million ECA-backed loan facility

About JPMorgan 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 $13.2 trillion in assets under custody and $3.7 trillion in funds under administration.  For more information, go to www.jpmorgan.com/visit/wss.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services firm with assets of $2.2 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.