080305_JPM Series Fix and Win ... - Börse Stuttgart

transfer any of the Notes or any interest therein at any time, directly or indirectly, in the United States of
America or to any U.S. Person. The terms used in this paragraph have the meanings given to them by
Regulation S.
Furthermore, each holder and beneficial owner will be deemed on purchase to agree that (1) the Notes offered in
reliance on Regulation S will be represented by Global Notes and accordingly, prior to the expiration of the
distribution compliance period, before any interest in a Global Note may be offered, sold, pledged or otherwise
transferred to a person who takes delivery in the form of an interest in a Global Note, it will be required to
provide any Paying Agent with a written certification of non-U.S. citizenship and residency (in the form
provided in the Agency Agreement) and (2) the Issuer, the Guarantor (in relation to Notes issued by JPMIDL),
the Fiscal Agent, the Arranger, the Dealer and their affiliates, and others will rely upon the truth and accuracy of
the foregoing acknowledgements, representations and agreements.
United Kingdom
The Dealer has represented and agreed that:
(a) it has only communicated or caused to be communicated and will only communicate or cause to be
communicated an invitation or inducement to engage in investment activity (within the meaning of
Section 21 of the FSMA) received by it in connection with the issue or sale of the Notes in circumstances
in which Section 21(1) of the FSMA does not or, in the case of the Guarantor, would not, if it was not an
authorised person, apply to the Issuer or the Guarantor; and
(b) it has complied and will comply with all applicable provisions of the FSMA with respect to anything
done by it in relation to the Notes in, from or otherwise involving the United Kingdom.
A09110530 AF 49