JPMorgan Chase & Co.
Jul 1, 2004

Chase, Bank One give customers access to more than 6,500 ATMs free of charge

CHICAGO, July 1, 2004 - Customers of Chase Bank and Bank One today gained free access to a nationwide network of more than 6,500 ATMs that stretches from New York to Florida to Texas and Arizona.

With the merger of parent companies J.P. Morgan Chase & Co. and Bank One Corp. completed today, customers of both banks can withdraw cash, transfer funds, and check account balances at 6,530 ATMs in 19 states without a usage fee.

"Our customers get an immediate benefit from combining our companies into one of the world's most powerful financial services firms," said Charles Scharf, head of retail banking for Chase. "Banking has become more convenient."

The banks' branches will be combined under a common computer system and Chase brand, on a state-by-state basis, starting in 2005. When that's complete, customers will have full access to more than 2,300 branches in 17 states.

The machines, branded either Chase Bank or Bank One, are in the following states:

The biggest benefit will be in Texas, where each bank's customers get nearly double the free network they had before. The combined ATM network includes:

The Chase brand will serve more than 11 million retail banking customers, 850,000 small businesses and 31,000 commercial businesses. It also will have 87 million credit cards issued.

J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $1.1 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, J.P. Morgan Chase & Co. has its corporate headquarters in New York and its U.S. retail financial services and commercial banking headquarters in Chicago. Information about the firm is available on the Internet at www.jpmorganchase.com.