JPMorgan Chase & Co. (JPM) 8-K Other events

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report:
December 26, 2001 Commission file number
1-5805

J.P. MORGAN CHASE & CO
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation) 13-2624428
(I.R.S. Employer Identification No.)

270 Park Avenue, New York, NY
(Address of principal executive offices) 10017
(Zip Code)

(Registrant's telephone number, including area code)(212) 270-6000

Item 5. Other Events

JPMorgan Chase (NYSE: JPM) announced that it had not received payment today from any of the insurance companies that had issued Enron-related surety bonds. JPMorgan Chase had said during yesterday's public conference call discussing the litigation relating to these surety contracts that it would provide this information today. Payments of $1.1 billion, of which JPMorgan Chase's share is approximately $965 million, were due today. JPMorgan Chase intends to pursue this matter vigorously to seek enforcement of full payment on all surety bonds.

A copy of JPMorgan Chase's press release is attached as an exhibit hereto. That press release may contain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of JPMorgan Chase's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Such risks and uncertainties are described in the Quarterly Report on Form 10-Q for the quarter ended September 30, 2001, and the 2000 Annual Report on Form 10-K for the year ended December 31, 2000, of J.P. Morgan Chase & Co., filed with the Securities and Exchange Commission and available at the Securities and Exchange Commission's internet site www.sec.gov, to which reference is hereby made.

Item 7. Financial Statements, Pro forma Financial Information and Exhibits

Exhibit Number	Description
99.1	Press Release dated December 21, 2001

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

J.P. MORGAN CHASE & CO.
(Registrant)

By  /s/Marc J. Shapiro        
Marc J. Shapiro
Vice Chairman, Finance, Risk
Management and Administration

Dated:December 26, 2001

EXHIBIT INDEX

Exhibit No.	Description	Page
99.1	Press Release	5