JPMorgan Chase & Co.
Feb 27, 2006

JPMorgan Chase Declares Preferred Stock Dividend

New York, February 27, 2006 – JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on the outstanding shares of the following preferred stock issue:

The above dividend is payable on March 31, 2006, to stockholders of record at the close of business on March 15, 2006.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. has its corporate headquarters in New York and its U.S. retail financial services and commercial banking headquarters in Chicago. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.