J.P. Morgan is Top-Rated in Private Equity Fund Administration Survey for Third Consecutive Year

NEW YORK, October 6, 2009 – J.P. Morgan was ranked as a top provider of private equity fund administration, according to a key industry survey by Global Custodian magazine.

J.P. Morgan received best-in-class recognition across 54 service categories, securing more top ratings than any other administrator, according to the Global Custodian 2009 Private Equity Fund Administration Survey. J.P. Morgan was top-rated overall for the third consecutive year, since the inception of the survey. Additionally, J.P. Morgan received best-in-class ratings across every category in Europe, was the only provider to be rated across all asset categories, and was one of only two providers to receive best-in-class awards in multiple regions.

According to the magazine, “J.P. Morgan maintains its perennial high standard. The fact that J.P. Morgan has grown its business on the foundations of a private equity fund manager [J.P. Morgan Partners], as opposed to setting up a third party in-sourcing business of its own, is certainly noticed by clients who know what matters to them.”

“We are thrilled to be top-rated for the third year in a row by Global Custodian magazine" said James Hutter, global business executive for J.P. Morgan Private Equity Fund Services. “We are gratified that we have maintained a deep understanding of the client base, and have earned a reputation for exceptional service delivery.”

The magazine noted that J.P. Morgan’s transition team is especially admired and that the client service score is “exceptional.” One client lauds "exposure to many different funds/situations, which is very helpful when on-boarding new funds."

Other client comments in the survey included:

• "We often pat ourselves on the back for choosing J.P. Morgan."
• "Excellent brand image ..."
• "There has never been a single instance, even after regular work hours, when our manager has not been responsive to my e-mails and phone calls and has always responded to me in a professional and respectful manner."

J.P. Morgan provides top-rated administration services to more than $200 billion in alternative assets. It has offices in New York, London, Jersey (Channel Islands), Sydney, San Francisco, Chicago and Dallas. The Private Equity Fund Services group offers services for private equity funds, institutional limited partners, real estate funds, infrastructure funds, funds of private equity funds, distressed debt and hybrid funds. The global bank offers cash management and foreign exchange services in addition to fund and portfolio administration.

For more information on J.P. Morgan private equity services go to www.jpmorgan.com/pefs.

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 $13.7 trillion in assets under custody and $5.1 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 $2.0 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.