Regulation F: Capital Ratios

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J.P. Morgan Bank, National Association

The following information is provided to assist you in complying with Regulation F requirements.

As of September 30, 2009:

Tier 1 - Risk Based Capital Ratio	9.07%
Total Risk-Based Capital Ratio	12.94%
Leverage Ratio	5.93%

As of June 30, 2009:

Tier 1 - Risk Based Capital Ratio	9.31%
Total Risk-Based Capital Ratio	13.08%
Leverage Ratio	6.17%

As of March 31, 2009:

Tier 1 - Risk Based Capital Ratio	9.02%
Total Risk-Based Capital Ratio	12.84%
Leverage Ratio	6.08%

As of December 31, 2008:

Tier 1 - Risk Based Capital Ratio	8.73%
Total Risk-Based Capital Ratio	12.48%
Leverage Ratio	5.90%

As of September 30, 2008:

Tier 1 - Risk Based Capital Ratio	7.91%
Total Risk-Based Capital Ratio	11.44%
Leverage Ratio	7.27%

As of June 30, 2008:

Tier 1 - Risk Based Capital Ratio	8.20%
Total Risk-Based Capital Ratio	11.98%
Leverage Ratio	6.08%

As of March 31, 2008:

Tier 1 - Risk Based Capital Ratio	8.21%
Total Risk-Based Capital Ratio	11.97%
Leverage Ratio	6.09%

These ratios are calculated as of the date indicated based on the financial information contained in J.P. Morgan Bank, National Association's Reports of Condition and Income.

If you have any questions please contact Laura Kempster at laura.kempster@jpmchase.com or 201-595-6208 or Raymond Zou at weitao.zou@jpmchase.com or 201-595-6866.