J.P. Morgan Indicative Prices as of December 05, 2011

J.P. Morgan Indicative Prices as of December 05, 2011 Pre y ared For Private Client Buy/ Sell European/ American Call thderb ins Call Notional Strike Put Currency Put Notional Premium in IND Si. Premium In USD Expiration Date Buy humpean l'Sl) I .0.81.0m 6.7700 SEX 6.770.(Xl(1 (537.600) 3 months Sell KI at 7.4638 l'Sl) 12 7.10(10 SEX 13.540.000 1.76'4 533.564 3 months Buy European ('NI) 907.045 74638 SEX 6.770.000 -1.12% (510.1591 3 months (5144951 THE ACTUAL PRICE WILL DEPEND ON THE CURRENT MARKET SPOT, VOLATILITY AND INTEREST DIFFERENTIAL A'ote: A reference LISD/SEK spat rale of 6.7700 is assumed below Spot Rate SENSITIVITY ANALYSIS OF INVESTMENT RETURN AT MATURITY OF OPTIONS Premium Option Return (w KI) Option Return (NO KO 8 O6 itt 1514.1951 (514.195) 7 9648 (514.195) (814.195) 7 SOS (514.195) (514.195) 7 7648 (514.195) (514.195) 7 6648 (514.195) (514.195) 7 5648 (514.195) (514.195) 74638 760 7 .1032 (514.195) (56.764) $71.332 73125 (514.195) $788 563.780 72819 1514.195) 58.465 556.103 72213 1514.195) 516.271 548.296 7 16O6 i $1 1.195) 524.210 540.358 7.1000 1$14.19e 532261 632.264 79450 1514.195) 524.840 $24.840 6.99(X) 414.1951 $17.279 517.279 6.9350 ($1A195) $9.597 59.597 6 818X) 1514.1951 $1,793 51.793 6.8250 1514.1951 56.136 ($6.136) 6.7700 1 I. i j 11 6.67(X) (514.195) (514.195) (514.195) 63700 (514.195) (514.195) (S14.195) 6.4700 (514.195) (514.195) ($1A195) 6.3700 1514.195) (514.195) 1$14.195) 6.2700 ($14.195) ($14.195) (514.195) 6.17(10 (514.195) ($14.195) (514.195) USD VALUE OF OPTIONS AT MATURITY Sii)0.000 540.000 560.000 240.003 520.000 R20.000) USCeSEK Spot Rabe This strategy is for clients with FY Level 6 approval. Clients may lose their entire premium investment. An ISDA is required. tialoraan *bob Brie a be morneinonobtbr 88, rmue188009 banowoon6nwdp JPIA8gion Chase 6 Co.cncIns sitniclores scntlwile .blloyan Onlen, Strk.f. A onclJP. Mogen Te‘ost Croany. NA. are membcnsol Pb PD C. J.P. Inman Smart.. Inc. l'JP%I.SCI If INNONNI/OSOIandMCNINIOI fb NYSE. NASD /area Olaf (MOW Yid rogiond eCOA$A) And SPC.. lei MONA JPAbegan ChM* Co. may cpeoba earbuf Oliaf traliatbacis Of esfeneulft MANN Collin. The Wawa Ober" Mete, f of minscionsounmeseatranribrareirmoi b your imesi lcOormacc. concaved b du, ...me ord wry *campy," clocamenalco. ccloing PA nal lineal en any weird% mark.' cakalons. surenitcylmolons, oSculinorn or alma*. n tnlanta IO Ca Raab. Col we do nOlanonift K coatolaoenna or aocorney. ion40n00uanaln Oxiabill Or paciallan Lid at SAWN auto !anal ANS TMMaltI6 na ienda, netball& Of Loittsaen net re 'setae* Cte Ufa el any Martial ?Woman. The taaAnenhleani iNette Noe allnethe and anoodozos may bald. pOSSNI Of aa as .-arkti •-•Jkol,,n ne SSW/ enINIT,OMSOI any Mot, OfttiONO KINN 0. act at oh:NINNY, . Ore, <el lerl enfr r tebir lo cad' coat. lhenelleni cnnaled MOON pe:a eralea an re EONS Wafted. PIO= NON le yaw ockb/ nUlt•-cmt.crIrmacon We <come gwrar.i.m twOnerentproXIsMIdnol enelado otNotora nu funnels inal teas etualefin tenni01NY Wuit440.ebeenad ki as reaboia a rniAN Ng, .0.1 DOW.kro TafeKKONOIa ib froinoetad yeas eiel bead upcn arsecoaqh maliniti w4 NON henbane aauryn(pt ra: Owen rates of Nahle canbON4LINS Satutlies(Ncludina Theta' eahls)•f• no' bank depoial end ND not FOICNsutet Me ale Mr, oninoilon* al of gunimitad try JPIAotgan Chase bank. M.A. nab alNiMes. NNW**. (ncluemo matey ilerds)InvOtea lrenetament NON. Inaluchig the pen*. bee MIM pincbal ombec invent0. Past porfeareaesa b no guaranis a Ran Mot Rebate east lour "lawn Pawn, Sank faCraNinlat)l to. belhef ellonnaloa af rannIng Any pronto,. Mb Vrm1t4%n6 tot re sal woo cr Oa pat o le Konen is 06.1.4$910. Old maybarielased Old COMNIAIS. An/ tea. dal.bulcn. ee apicalon by efrocno NNW Nana* aShor.r.4.3 6 NohOline. reon1000.e fin. WI fade. ',Soso May to $411.111 Mae 0:4400y aNS fa inn by mai 03011JPIAncon Owe Co EFTA01104351