Lee Burchell Joins JPMorgan Worldwide Securities Services as Vice President Pension Fund Sales

London, 11 July 2006 — JPMorgan Worldwide Securities Services (WSS) announced today the appointment of Lee Burchell as Vice President pension fund sales, as part of WSS’s focus on pension funds and the administration of pension funds.

Burchell joins from Bank of New York, where most recently he was Vice President and Client Executive for European Pension Funds. Burchell joins a team led by Benjie Fraser, Senior Vice President and head of business development for European pension funds at JPMorgan WSS.

Benjie Fraser said, “Lee’s experience makes him a great asset to help take our pensions practice forward. As we draw a line under recent client changes, we are building a strong team based on the long-term underlying strength of our existing franchise. In doing so, we are looking ahead to grow our pensions practice at JPMorgan WSS.”

For more information about JPMorgan Worldwide Securities Services, please visit www.jpmorgan.com/wss.

About JPMorgan Chase & Co.
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.