June 7, 2005

JPMorgan Chase Hires Naomi Camper as Co-Head of Federal Government Relations

New York, June 7, 2005 - JPMorgan Chase announced today that Naomi Gendler Camper will join the firm as co-head of Federal Government Relations. Ms. Camper will work alongside Stephen Ruhlen in Washington, D.C. and report to Rick Lazio, Executive Vice President of Global Government Relations and Public Policy.

Ms. Camper was most recently the banking and tax aide of Senator Tim Johnson (D-SD), who is on the Senate Banking Committee . In her role as Democratic Staff Director on the Financial Institutions Subcommittee, Ms. Camper worked on financial legislation such as the Fair Credit Reporting Act reauthorization, Sarbanes-Oxley and reform bills related to bankruptcy and federal deposit insurance.

"We are very pleased that Naomi will be joining us," said Rick Lazio. "Her extensive congressional experience combined with her in-depth knowledge of financial issues make her an ideal addition to our Federal team."

Prior to working with Senator Johnson, Ms. Camper was assistant counsel at the Investment Company Institute from 1999 to 2001, where she advised mutual fund companies on tax-related legislation and regulations. From 1997 to 1999, she worked in taxation at Wilmer, Cutler & Pickering, advising corporate clients on tax implications of financial transactions.

Ms. Camper graduated magna cum laude with a B.A. in Comparative Religion from Columbia University. She also holds a Master in Public Policy from Harvard Kennedy School of Government and a J.D. from Harvard Law School.

Ms. Camper will succeed Victoria "Penny" Rostow, the former co-head of Federal Government Affairs. Ms. Rostow, who launched Bank One's Washington Government Relations office and developed its first federal government relations program, is leaving to pursue other interests in the financial services field.

"I wish to thank Penny Rostow for her many contributions to JPMorgan Chase," said Rick Lazio. "Penny's extensive experience and knowledge has proven to be invaluable to our advocacy in Washington."

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.


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