CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities Offered	Maximum Aggregate Offering Price	Amount of Registration Fee(1)(2)
Notes	$4,093,000	$125.66

(1)

Calculated in accordance with Rule 457(r) of the Securities Act of 1933.

(2)

Pursuant to Rule 457(p) under the Securities Act of 1933, unused filing fees of $407,644.59 have already been paid with respect to unsold securities that were previously registered pursuant to a Registration Statement on Form S-3 (No. 333-117770) filed by JPMorgan Chase & Co. on July 30, 2004, and have been carried forward, of which $125.66 offset against the registration fee due for this offering and of which $407,518.93 remains available for future registration fees. No additional registration fee has been paid with respect to this offering.

Pricing supplement no. 884
To prospectus dated December 1, 2005,
prospectus supplement dated October 12, 2006 and
product supplement no. 39-VIII dated December 14, 2007 Registration Statement No. 333-130051
Dated December 18, 2007
Rule 424(b)(2)

Structured 
Investments  JPMorgan Chase & Co.
$4,093,000Buffered Return Enhanced Notes Linked to the MSCI EAFE^® Index due June 25, 2009

General

• The notes are designed for investors who seek a return of twice the appreciation of the MSCI EAFE^® Index up to a maximum total return on the notes of 17.60% at maturity. Investors should be willing to forgo interest and dividend payments and, if the Index declines by more than 20%, be willing to lose up to 80% of their principal.
• Senior unsecured obligations of JPMorgan Chase & Co. maturing June 25, 2009^†.
• Minimum denominations of $1,000 and integral multiples thereof.
• The notes priced on December 18, 2007 and are expected to settle on or about December 21, 2007.

Key Terms

Index:	The MSCI EAFE® Index ("MXEA") (the “Index”)
Upside Leverage Factor:	2
Payment at Maturity:	If the MSCI EAFE Closing Level is greater than the MSCI EAFE Starting Level, you will receive a cash payment that provides you with a return per $1,000 principal amount note equal to the MSCI EAFE Return multiplied by 2, subject to a Maximum Total Return on the notes of 17.60%. For example, if the MSCI EAFE Return is more than 8.80%, you will receive the Maximum Total Return on the notes of 17.60%, which entitles you to a maximum payment at maturity of $1,176 for every $1,000 principal amount note that you hold. Accordingly, if the MSCI EAFE Return is positive, your payment per $1,000 principal amount note will be calculated as follows, subject to the Maximum Total Return:
	$1,000 +[$1,000 x (MSCI EAFE Return x 2)]
	Your principal is protected against up to a 20% decline of the Index at maturity. If the MSCI EAFE Closing Level declines from the MSCI EAFE Starting Level by up to 20%, you will receive the principal amount of your notes at maturity. If the MSCI EAFE Closing Level declines from the MSCI EAFE Starting Level by more than 20%, you will lose 1% of the principal amount of your notes for every 1% that the Index declines beyond 20% and your final payment per $1,000 principal amount note will be calculated as follows:
	$1,000 + [$1,000 x (MSCI EAFE Return + 20%)]
	If the MSCI EAFE Closing Level declines from the MSCI EAFE Starting Level by more than 20%, you could lose up to $800 per $1,000 principal amount note.
Buffer Amount:	20%, which results in a minimum payment of $200 per $1,000 principal amount note.
MSCI EAFE Return:	MSCI EAFE Closing Level – MSCI EAFE Starting Level                     MSCI EAFE Starting Level
MSCI EAFE Starting Level:	The Index closing level on the pricing date, which was 2192.59.
MSCI EAFE Closing Level:	The Index closing level on the Observation Date.
Observation Date:	June 22, 2009†
Maturity Date:	June 25, 2009†
CUSIP:	48123MHY1

    ^†    Subject to postponement in the event of a market disruption event and as described under “Description of Notes — Payment at Maturity” in the accompanying product supplement no. 39-VIII.

Investing in the Buffered Return Enhanced Notes involves a number of risks. See “Risk Factors” beginning on page PS-10 of the accompanying product supplement no. 39-VIII and “Selected Risk Considerations” beginning on page PS-1 of this pricing supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the notes or passed upon the accuracy or the adequacy of this pricing supplement or the accompanying prospectus supplements and prospectus. Any representation to the contrary is a criminal offense.

	Price to Public	Fees and Commissions (1)	Proceeds to Us
Per note	$1,000	$14.20	$985.80
Total	$4,093,000	$58,120.60	$4,034,879.40

    (1)    J.P. Morgan Securities Inc., which we refer to as JPMSI, acting as agent for JPMorgan Chase & Co., will receive a commission of $14.20 per $1,000 principal amount note and, with respect to $277,000 aggregate principal amount notes, will use a portion of that commission to pay selling concessions to certain dealers of $2.00 per $1,000 principal amount note. For the remainder of the notes sold in this offering, the other dealers will forego all of their selling concessions. See “Underwriting” beginning on page PS-77 of the accompanying product supplement no. 39-VIII.

The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.

JPMorgan

December 18, 2007

ADDITIONAL TERMS SPECIFIC TO THE NOTES

You should read this pricing supplement together with the prospectus dated December 1, 2005, as supplemented by the prospectus supplement dated October 12, 2006 relating to our Series E medium-term notes of which these notes are a part, and the more detailed information contained in product supplement no. 39-VIII dated December 14, 2007. This pricing supplement, together with the documents listed below, contains the terms of the notes, supplements the term sheet related hereto dated November 27, 2007 and supersedes all other prior or contemporaneous oral statements as well as any other written materials including preliminary or indicative pricing terms, correspondence, trade ideas, structures for implementation, sample structures, fact sheets, brochures or other educational materials of ours. You should carefully consider, among other things, the matters set forth in “Risk Factors” in the accompanying product supplement no. 39-VIII, as the notes involve risks not associated with conventional debt securities. We urge you to consult your investment, legal, tax, accounting and other advisers before you invest in the notes.

You may access these documents on the SEC website at www.sec.gov as follows (or if such address has changed, by reviewing our filings for the relevant date on the SEC website):

• Product supplement no. 39-VIII dated December 14, 2007:
  http://www.sec.gov/Archives/edgar/data/19617/000089109207005404/e29549_424b2.pdf
  
  
• Prospectus supplement dated October 12, 2006:
  http://www.sec.gov/Archives/edgar/data/19617/000089109206003117/e25276_424b2.pdf
  
  
• Prospectus dated December 1, 2005:
  http://www.sec.gov/Archives/edgar/data/19617/000089109205002389/e22923_base.txt

Our Central Index Key, or CIK, on the SEC website is 19617. As used in this pricing supplement, the “Company,” “we,” “us” or “our” refers to JPMorgan Chase & Co.

Selected Purchase Considerations

• APPRECIATION POTENTIAL — The notes provide the opportunity to enhance equity returns by multiplying a positive MSCI EAFE Return by two, up to the Maximum Total Return on the notes of 17.60%, or $1,176 for every $1,000 principal amount note. Because the notes are our senior unsecured obligations, payment of any amount at maturity is subject to our ability to pay our obligations as they become due.
• LIMITED PROTECTION AGAINST LOSS — Payment at maturity of the principal amount of the notes is protected against a decline in the MSCI EAFE Closing Level, as compared to the MSCI EAFE Starting Level, of up to 20%. If the MSCI EAFE Closing Level declines by more than 20%, for every 1% decline of the Index beyond 20%, you will lose an amount equal to 1% of the principal amount of your notes. Accordingly, at maturity you will receive a payment equal to at least $200 for each $1,000 principal amount note.
• DIVERSIFICATION OF THE MSCI EAFE^® INDEX — The return on the notes is linked to the MSCI EAFE^® Index. The MSCI EAFE^® Index is designed to measure developed market equity performance in Europe, Asia, Australia and the Far East, but excluding the United States and Canada. Morgan Stanley Capital International Inc., the sponsor of the MSCI EAFE^® Index, recently announced changes to the methodology used to calculate its MSCI Standard Indices, including the MSCI EAFE^® Index. For additional information about the Index and the changes to the Index methodology, see the information set forth under “The MSCI EAFE^® Index” in the accompanying product supplement no. 39-VIII, as supplemented by the information set forth under “Supplemental Information — Transition of the MSCI Indices to a New Index Methodology” in the accompanying product supplement no. 39-VIII.
• CURRENCY MARKET EXPOSURE — Holders of the notes will be able to participate in potential fluctuations in the value, relative to the U.S. dollar, of each of the currencies in which the component securities of the country indices that compose the Index trade. If, taking into account the relevant weight of the component securities trading in their respective currencies, the U.S. dollar weakens against these currencies, the value of the Index will increase and the payment at maturity, if any, may increase. For additional information about the impact of currency movements on the notes, please see “Selected Risk Considerations — The Notes Are Subject to Currency Exchange Risk” below.
• CAPITAL GAINS TAX TREATMENT — You should review carefully the section entitled “Certain U.S. Federal Income Tax Consequences” in the accompanying product supplement no. 39-VIII. Subject to the limitations described therein, and based on certain factual representations received from us, in the opinion of our special tax counsel, Davis Polk & Wardwell, it is reasonable to treat your purchase and ownership of the notes as an “open transaction” for U.S. federal income tax purposes. Assuming this characterization is respected, your gain or loss on the notes should be treated as long-term capital gain or loss if you hold the notes for more than a year, whether or not you are an initial purchaser of notes at the issue price. However, the Internal Revenue Service (the “IRS”) or a court may not respect this characterization or treatment of the notes, in which case the timing and character of any income or loss on the notes could be significantly and adversely affected. In particular, on December 7, 2007, Treasury and the IRS released a notice requesting comments on a number of possible U.S. federal income tax treatments for “prepaid forward contracts” and similar instruments. The notice focuses in particular on whether to require holders of instruments such as the notes to accrue income over the term of their investment. It also asks for comments on a number of related topics, including the character of income or loss with respect to these investments; the degree, if any, to which any income (including any mandated accruals) realized by Non-U.S. Holders should be subject to withholding tax; and whether these investments are or should be treated as “constructive ownership transactions.” While the notice requests comments on appropriate transition rules and effective dates, any Treasury regulations or other guidance issued after consideration of these issues could materially and adversely affect the tax consequences of ownership and disposition of the notes, possibly on a retroactive basis. You should consult your tax adviser regarding the tax treatment of the notes, including possible alternative characterizations in general and the possible impact of the notice described above in particular.

Selected Risk Considerations

An investment in the notes involves significant risks. Investing in the notes is not equivalent to investing directly in the Index or any of the component stocks of the Index. These risks are explained in more detail in the “Risk Factors” section of the accompanying product supplement no. 39-VIII dated December 14, 2007.

• YOUR INVESTMENT IN THE NOTES MAY RESULT IN A LOSS — The notes do not guarantee any return of principal in excess of $200 per $1,000 principal amount note. The return on the notes at maturity is linked to the performance of the Index and will depend on whether, and the extent to which, the MSCI EAFE Return is positive or negative. Your investment will be exposed to any decline in the MSCI EAFE Closing Level, as compared to the MSCI EAFE Starting Level, beyond the 20% buffer. Accordingly, you could lose up to $800 for each $1,000 principal amount note that you invest in.
• YOUR MAXIMUM GAIN ON THE NOTES IS LIMITED TO THE MAXIMUM TOTAL RETURN — If the MSCI EAFE Closing Level is greater than the MSCI EAFE Starting Level, for each $1,000 principal amount note, you will receive at maturity $1,000 plus an additional amount that will not exceed the Maximum Total Return of 17.60%, regardless of the appreciation in the Index, which may be significant.
• CERTAIN BUILT-IN COSTS ARE LIKELY TO ADVERSELY AFFECT THE VALUE OF THE NOTES PRIOR TO MATURITY — While the payment at maturity described in this pricing supplement is based on the full principal amount of your notes, the original issue price of the notes includes the agent’s commission and the cost of hedging our obligations under the notes through one or more of our affiliates. As a result, and as a general matter, the price, if any, at which JPMSI will

JPMorgan Structured Investments —
Buffered Return Enhanced Notes Linked to the MSCI EAFE^® Index  PS-1

be willing to purchase notes from you in secondary market transactions, if at all, will likely be lower than the original issue price and any sale prior to the Maturity Date could result in a substantial loss to you. This secondary market price will also be affected by a number of factors aside from the agent’s commission and hedging costs, including those set forth under “Many Economic and Market Factors Will Impact the Value of the Notes” below. The notes are not designed to be short-term trading instruments. Accordingly, you should be able and willing to hold your notes to maturity.
• NO INTEREST OR DIVIDEND PAYMENTS OR VOTING RIGHTS — As a holder of the notes, you will not receive interest payments, and you will not have voting rights or rights to receive cash dividends or other distributions or other rights that holders of securities composing the Index would have.
• THE NOTES ARE SUBJECT TO CURRENCY EXCHANGE RISK — Because the prices of the component securities of the country indices that compose the Index are converted into U.S. dollars for purposes of calculating the value of the component country indices and the Index, your notes will be exposed to currency exchange rate risk with respect to each of the currencies in which the component securities of the Index trade. Your net exposure will depend on the extent to which such currencies strengthen or weaken against the U.S. dollar and the relative weight of the component securities in the Index denominated in each such currency. If, taking into account such weighting, the U.S. dollar strengthens against such currencies, the value of the Index will be adversely affected and the payment at maturity, if any, may be reduced.
• LACK OF LIQUIDITY — The notes will not be listed on any securities exchange. JPMSI intends to offer to purchase the notes in the secondary market but is not required to do so. Even if there is a secondary market, it may not provide enough liquidity to allow you to trade or sell the notes easily. Because other dealers are not likely to make a secondary market for the notes, the price at which you may be able to trade your notes is likely to depend on the price, if any, at which JPMSI is willing to buy the notes.
• POTENTIAL CONFLICTS — We and our affiliates play a variety of roles in connection with the issuance of the notes, including acting as calculation agent and hedging our obligations under the notes. In performing these duties, the economic interests of the calculation agent and other affiliates of ours are potentially adverse to your interests as an investor in the notes.
• MANY ECONOMIC AND MARKET FACTORS WILL IMPACT THE VALUE OF THE NOTES — In addition to the level of the Index on any day, the value of the notes will be affected by a number of economic and market factors that may either offset or magnify each other, including:

  • the expected volatility of the Index;
  • the time to maturity of the notes;
  • the dividend rate on the common stocks underlying the Index;
  • interest and yield rates in the market generally as well as in the markets of the component securities composing the Index;
  • a variety of economic, financial, political, regulatory or judicial events;
  • the exchange rate and the volatility of the exchange rate between the U.S. dollar and the currencies in which securities composing the Index are traded and the correlation between that rate and the level of the Index; and
  • our creditworthiness, including actual or anticipated downgrades in our credit ratings.

What is the Total Return on the Notes at Maturity Assuming a Range of Performance for the Index?

The following table illustrates the hypothetical total return at maturity on the notes. The “total return” as used in this pricing supplement is the number, expressed as a percentage, that results from comparing the payment at maturity per $1,000 principal amount note to $1,000. The hypothetical total returns set forth below assume an MSCI EAFE Starting Level of 2200 and reflect the Maximum Total Return on the notes of 17.60%. The hypothetical total returns set forth below are for illustrative purposes only and may not be the actual total returns applicable to a purchaser of the notes. The numbers appearing in the following table and examples have been rounded for ease of analysis.

MSCI EAFE Closing Level	MSCI EAFE Return	Total Return
3960.00	80.00%	17.60%
3630.00	65.00%	17.60%
3300.00	50.00%	17.60%
3080.00	40.00%	17.60%
2860.00	30.00%	17.60%
2640.00	20.00%	17.60%
2596.00	18.00%	17.60%
2420.00	10.00%	17.60%
2393.60	8.80%	17.60%
2310.00	5.00%	10.00%
2255.00	2.50%	5.00%
2222.00	1.00%	2.00%
2200.00	0.00%	0.00%
2090.00	-5.00%	0.00%
1980.00	-10.00%	0.00%
1760.00	-20.00%	0.00%
1540.00	-30.00%	-10.00%
1320.00	-40.00%	-20.00%
1100.00	-50.00%	-30.00%
880.00	-60.00%	-40.00%
660.00	-70.00%	-50.00%
440.00	-80.00%	-60.00%
220.00	-90.00%	-70.00%
0.00	-100.00%	-80.00%

JPMorgan Structured Investments —
Buffered Return Enhanced Notes Linked to the MSCI EAFE^® Index  PS-2

Hypothetical Examples of Amounts Payable at Maturity

The following examples illustrate how the total returns set forth in the table on the previous page are calculated.

Example 1: The level of the Index increases from the MSCI EAFE Starting Level of 2200 to an MSCI EAFE Closing Level of 2310. Because the MSCI EAFE Closing Level of 2310 is greater than the MSCI EAFE Starting Level of 2200 and the MSCI EAFE Return of 5% multiplied by 2 does not exceed the Maximum Total Return of 17.60%, the investor receives a payment at maturity of $1,100 per $1,000 principal amount note, calculated as follows:

$1,000 + [$1,000 x (5% x 2)] = $1,100

Example 2: The level of the Index decreases from the MSCI EAFE Starting Level of 2200 to an MSCI EAFE Closing Level of 1760. Because the MSCI EAFE Closing Level of 1760 is less than the MSCI EAFE Starting Level of 2200 by not more than the Buffer Amount of 20%, the investor receives a payment at maturity of $1,000 per $1,000 principal amount note.

Example 3: The level of the Index increases from the MSCI EAFE Starting Level of 2200 to an MSCI EAFE Closing Level of 2640. Because the MSCI EAFE Closing Level of 2640 is greater than the MSCI EAFE Starting Level of 2200 and the MSCI EAFE Return of 20% multiplied by 2 exceeds the Maximum Total Return of 17.60%, the investor receives a payment at maturity of $1,176 per $1,000 principal amount note, the maximum payment on the notes.

Example 4: The level of the Index decreases from the MSCI EAFE Starting Level of 2200 to an MSCI EAFE Closing Level of 1540. Because the MSCI EAFE Closing Level of 1540 is less than the MSCI EAFE Starting Level of 2200 by more than the Buffer Amount of 20%, the MSCI EAFE Return is negative and the investor receives a payment at maturity of $900 per $1,000 principal amount note, calculated as follows:

$1,000 + [$1,000 x (-30% + 20%)] = $900

Example 5: The level of the Index decreases from the MSCI EAFE Starting Level of 2200 to an MSCI EAFE Closing Level of 0. Because the MSCI EAFE Closing Level of 0 is less than the MSCI EAFE Starting Level of 2200 by more than the Buffer Amount of 20%, the MSCI EAFE Return is negative and the investor receives a payment at maturity of $200 per $1,000 principal amount note, which reflects the principal protection provided by the Buffer Amount of 20%, calculated as follows:

$1,000 + [$1,000 x (-100% + 20%)] = $200

Historical Information

The following graph sets forth the historical performance of the MSCI EAFE^® Index based on the weekly Index closing level from January 4, 2002 through December 14, 2007. The Index closing level on December 18, 2007 was 2192.59. We obtained the Index closing levels below from Bloomberg Financial Markets. We make no representation or warranty as to the accuracy or completeness of the information obtained from Bloomberg Financial Markets.

The historical levels of the Index should not be taken as an indication of future performance, and no assurance can be given as to the Index closing level on the Observation Date. We cannot give you assurance that the performance of the Index will result in the return of any of your initial investment in excess of $200 per $1,000 principal amount note.

JPMorgan Structured Investments —
Buffered Return Enhanced Notes Linked to the MSCI EAFE^® Index  PS-3