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Depositary Receipts

J.P. Morgan provides a full complement of ADR services to non-US issuers seeking to have their equity traded in the U.S. stock markets. J.P. Morgan's primary services include ADR Issuances and Cancellations, Stock Transfer, Tender and Exchange Offer Agency, Subscription Rights Agency, and Tax Reclamation for investors. J.P. Morgan also offers a range of value-added Investor Relations and Advisory services to issuers, with the singular goal of facilitating the ADR's highest potential liquidity, ownership and visibility in the U.S. equity capital markets.

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