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

The Jersey Financial Services Commission (the "Commission") has given, and has not withdrawn, its
consent under Article 4 of the Control of Borrowing (Jersey) Order 1958, as amended (the "Control of
Borrowing Order") to the issue of Notes by JPMIDL and has given, and has not withdrawn, its consent
under Article 8 of the Control of Borrowing Order to the circulation in Jersey of an offer for
subscription, sale or exchange of Notes by JPMCB. The Commission is protected by Control of
Borrowing (Jersey) Law 1947, as amended, against liability arising from the discharge of its functions
under that law.
A copy of this Document has been delivered to the Jersey Registrar of Companies in accordance with
Article 5 of the Companies (General Provisions) (Jersey) Order 2002. The Registrar has given, and has
not withdrawn, his consent to its circulation.
It must be distinctly understood that, in giving these consents, neither the Jersey Registrar of Companies
nor the Jersey Financial Services Commission takes any responsibility for the financial soundness of the
Issuer or for the correctness of any statements made, or opinions expressed, with regard to them.
Transparency Directive
On 15 December 2004 Directive 2004/109/EC of the European Parliament and of the Council on the
harmonisation of transparency requirements in relation to information about issuers whose securities are
admitted to trading on a regulated market (the "Transparency Directive") has been adopted. If, as a result of
the adoption of the Transparency Directive or any legislation implementing the Transparency Directive or any
legislation implementing the Transparency Directive, JPMIDL or JPMCB could be required to publish financial
information either more regularly than it otherwise would be required to or according to accounting principles
which are materially different from the accounting principles which it would otherwise use to prepare its
published financial information, or any other requirements are imposed on JPMIDL or JPMCB which it
considers burdensome, JPMIDL may delist the Notes if it so decides or it may (but is not obliged to) seek an
alternative admission to listing, trading and/or quotation for the Notes by such other listing authority, stock
exchange and/or quotation system outside the European Union as it may decide.
The publication of this Document does not affect any Notes issued prior to the date hereof.
A09110530 AF 52