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JPMorgan Asset Management awarded best Money Market Fund by Treasury Management International

Nov 22, 2006

London, 22 November 2006: JPMorgan Asset Management (JPMAM) has been awarded Best Money Market Fund in the Treasury Management International 2006 Awards for Innovation and Excellence in Treasury & Risk Management. JPMAM is the largest provider of AAA rated international liquidity funds in the world with USD67.8 billion of assets under management (AUM), and a 19%* share of the market.

Kathleen Hughes, Head of Global Cash Sales, EMEA at JPMorgan Asset Management said, “We are delighted to receive the Best Money Market Fund award. The judging was based solely on surveying Corporate Treasurers, this is the best recognition you can get, and one that we are obviously very proud to be awarded. This clearly recognises JPMAM’s commitment to delivering innovative solutions to the international treasury arena. It is a combination of team, process, experience and quality that has driven the leadership position that we have today.”

JPMAM’s liquidity business has been recognised by the following industry accolades:
- Investment Excellence Award for Money Markets - Global Investor, 2006 (second consecutive year)
- No. 1 AAA rated Cash Investment Manager Internationally and No. 2 Globally - iMoneyNet, October 2006
- Best Liquidity Solution Provider - Asset Asian Awards 2005

* iMoneyNet Offshore Nov 10th FX rates as at 31/12/05

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For further information, please contact
Emma Collins
Media Relations EMEA
Telephone: 020-7742-6331
Email: emma.collins@jpmorgan.com

Notes to Editors

JPMorgan Asset Management is part of J.P. Morgan Chase & Co. and is a global asset management leader providing world-class investment solutions to clients. With US$935 billion in assets under management (the Asset Management client funds of JPMorgan Chase & Co. as at September 30 2006) and offices in 40 locations around the world, JPMorgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.

JPMorgan Asset Management is a trading name of JPMorgan Asset Management Marketing Limited which has issued this material in the United Kingdom and which is authorised and regulated by the Financial Services Authority.  Registered in England No. 288553.  Registered office: 125 London Wall, London EC2Y 5AJ.

Any past performance referred to in this material is not a guide to future performance and the value of investments, and any income from them, can fall as well as rise.  Any tax concessions referred to are not guaranteed and their value will depend on the individual circumstances of investors.  Stock market linked investments carry a number of inherent risks.  These risks will increase where fluctuations in exchange rates impact on the value of any underlying investments or where the investment is exposed to smaller companies or emerging markets.  Investments in fixed income securities that are not rated as investment grade represent a greater risk to an investor’s capital.