JPMorgan Worldwide Securities Services Expands Investment Management Sales Force

James Donatell and Diane Hutson Scott are hired

New York, August 28, 2006 – JPMorgan Worldwide Securities Services, a leading provider of global securities services, today announced that it has expanded its sales force focused on Investment Managers. James Donatell will focus on new business development for West Coast asset managers and Diane Hutson Scott will concentrate on firms in the Northeast.

“The Investment Management business is growing rapidly and its needs are more complex,” said William Stanton, senior vice president, JPMorgan Worldwide Securities Services. “A leader in securities services, JPMorgan is staying well positioned to meet the ever increasing demands of the global fund managers by adding seasoned and respected professionals who can offer new solutions to asset managers.”

Donatell and Scott will be reaching out to the Investment Management community to share their knowledge and discuss JPMorgan’s comprehensive and value-added capabilities for investment managers including fund accounting and administration, securities lending, global custody, Exchange Traded Fund Administration, Alternative Investment Services and solutions for Separately Managed Accounts.

Donatell has more than 20 years of financial sales experience in senior sales positions at Parnassus Investments, Gartmore Global Investments and Fidelity Investments. He will be based in San Francisco and responsible for West Coast sales. Scott also has over 20 years of experience in financial services serving most recently at The Bank of New York as a client executive in the Investment Manager segment. Previously, she was at State Street Bank in sales and marketing roles for global financial services and credit solutions for mutual fund companies and banks. She will be based in New York and responsible for sales in the Northeast. They will report to William Stanton, who heads the Investment Management sales team for JPMorgan Worldwide Securities Services.

JPMorgan administers over $11.5 trillion in assets for asset managers and institutional investors worldwide. For more information go to http://www.jpmorgan.com/visit/imsales

About JPMorgan Worldwide Securities Services

JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $11.5 trillion in assets under custody. JPMorgan provides innovative custody and securities products and services to the world’s largest institutional investors and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 80 markets to help clients optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and trust services.

About JPMorgan Chase

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.

Contact Information

Judy Miller

Treasury & Securities Services

JPMorgan Chase & Co.

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