LEADS: JPM/RBS/SG **ALL POT** CO-MGRS: RBC CL SIZE MM WAL M/S PWIN LGL PXG % CPN $ A1 219.000 0.28 P-1/A-1+ 06/10-12/10 05/11 IL+2 0.39821 0.39821 100.00000 A2 238.000 0.95 Aaa/AAA 12/10-10/11 11/12 EDSF+17 0.868 0.86 99.99391 A3 317.000 2.15 Aaa/AAA 10/11-05/13 10/14 IS+25 1.509 1.50 99.99095 A4 186.850 3.80 Aaa/AAA 05/13-09/14 12/16 IS+40 2.463 2.45 99.99833 PRICING SPEED: 1.3% ABS CLEAN-UP CALL: 5% EXPECTED PRICE: Priced EXPECTED SETTLE: 05/13/10 CUSIPS: A1: 44923WAA9, A2: 44923WAB7, A3: 44923WAC5, A4: 44923WAD3 OFFERING TYPE: PUBLIC B&D: J.P. Morgan The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (866) 669-7629 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com. Any disclaimer below is not applicable and should be disregarded.