NOTIFICATION  OF  THE  REMOVAL  FROM  LISTING  AND REGISTRATION OF THE STATED
SECURITIES

The American Stock Exchange LLC hereby notifies  the  SEC of its intention to
remove   the  entire  class  of  the  stated  securities  from  listing   and
registration  on  the Exchange at the opening of business on February 2, 2009
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a) (2)

The removal of JP Morgan Capped Quarterly Observation Notes linked to the S&P
500 Index, maturing  January  21, 2009 is being effected because the Exchange
knows or is reliably informed that  the  entire  class  of  this security was
redeemed or paid at maturity or retirement on January 21, 2009.

The security was suspended by the Exchange on January 21, 2009.