Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-177923

Dated February 28, 2013

6 year ETF Efficiente Annual Income Contingent Coupon Note OVERVIEW JPMorgan ETF Efficiente 5 Index (the "Index") is a cross-asset strategy that aims to maximize returns per unit of risk by using portfolio optimization technology. The Index uses the concept of the efficient frontier to select the optimum portfolio from a universe of 12 exchange-traded funds and a cash index, and aims to maximize returns while targeting a realized volatility of 5%. The strategy rebalances monthly and is non-discretionary. The Index levels incorporate an adjustment factor of 0.50% per annum which is deducted daily. The Notes offer a Contingent Interest Payment of 0.75% per annum for the first five years if the Index closing level on any annual Interest Review Date is greater than or equal to the Initial Index Level. The notes are designed for investors who seek exposure to any appreciation of the JPMorgan ETF Efficiente 5 Index at maturity and who seek a Contingent Interest Payment with respect to each annual Interest Review Date on which the Index closing level is greater than or equal to its Initial Index Level. Any payment on the notes is subject to the credit risk of JPMorgan Chase and Co. May be appropriate for investors requiring asset and geographical diversification and full repayment of principal at maturity, subject to the credit risk of JPMorgan Chase and Co. Summary of Terms Issuer: JPMorgan Chase and Co. Par: $1,000 Index: JPMorgan ETF Efficiente 5 Index Index Ticker: EEJPUS5E Contingent Interest 0.75% per annum, if the Index Closing Level Rate (Yrs 1-5): on any Interest Review Date is greater than or equal to the Initial Index Level Additional Amount $1,000 x Index Return x the Participation (Yr 6): Rate, provided that this number will not be less than zero Index Return: (Ending Index Level -- Initial Index Level) Initial Index Level Participation Rate: At least 100% Initial Index Level: The Index closing level on the Pricing Date Ending Index Level The Index closing level on the Observation Date Interest Review Dates March 26, 2014, March 26, 2015, March 28, 2016, March 28, 2017, March 26, 2018 Pricing Date: March 25, 2013 Observation Date: March 26, 2019 Maturity Date: March 29, 2019 CUSIP: 48126DZF9 Return Profile If the Index closing level on any Interest Review Date is greater than or equal to the Initial Index level, you will receive on the applicable Interest Payment Date the Contingent Interest Payment. The Additional Amount per note payable at maturity will equal the Index Return x the Participation Rate, provided that the Additional Amount will not be less than zero. You are entitled to repayment in full of your principal investment, even if the Index declines, subject to the credit risk of JPMorgan Chase and Co. North America Structured Investments Hypothetical Total Return of the Notes at Maturity** Hypothetical Contingent Interest Payments* Interest Rate for certain Interest Payment Dates (Yrs 1-5) Index Appreciation / Contingent Interest Index Closing Level on Depreciation on the Payment on the relevant Interest relevant Interest applicable Interest Review Date Review Date Payment Date ---------------------- -------------------- ------------------- 180.00 50.00% $7.50 ---------------------- -------------------- ------------------- 156.00 30.00% $7.50 ---------------------- -------------------- ------------------- 144.00 20.00% $7.50 ---------------------- -------------------- ------------------- 132.00 10.00% $7.50 ---------------------- -------------------- ------------------- 126.00 5.00% $7.50 ---------------------- -------------------- ------------------- 120.00 0.00% $7.50 ---------------------- -------------------- ------------------- 114.00 -5.00% $0.00 ---------------------- -------------------- ------------------- 108.00 -10.00% $0.00 ---------------------- -------------------- ------------------- 96.00 -20.00% $0.00 ---------------------- -------------------- ------------------- 84.00 -30.00% $0.00 ---------------------- -------------------- ------------------- 60.00 -50.00% $0.00 *To be determined on the Pricing Date, but not less than 0.75% per annum. **Payment at maturity will equal the Principal plus the Additional Amount. The hypothetical note pay-out at maturity set forth above assumes a Participation Rate of 100%, is illustrative, and may not be the actual final payment on the Notes. These returns do not reflect fees or expenses that would be associated with any sale in the secondary market. If these fees and expenses were included, the hypothetical returns shown above would likely be lower. J. P. Morgan Structured Investments | 800 576 3529 | JPM_Structured_Investments@jpmorgan.com

6 year ETF Efficiente Annual Income Contingent Coupon Note Selected Benefits North America Structured Investments [] The Notes offer full return of principal at maturity, subject to the credit risk of JPMorgan Chase and Co. [] Minimum denominations of $1,000 and integral multiples in excess thereof [] Annual contingent interest payments [] The Index dynamically allocates among the following 12 ETFs (the "ETF Constituents") and the JPMorgan Cash Index USD 3 Month (the "Cash Constituent"), each a "Basket Constituent" iShares([R]) Emerging iShares([R]) MSCI SPDR([R]) S and P 500([R]) iShares([R]) Barclays 20+ Year Markets Bond Fund SPDR([R]) Gold Trust (GLD) Emerging Markets ETF Trust (SPY) Treasury Bond Fund (TLT) (EMB) Index Fund (EEM) ---------------------- ----------------------- ------------------------------- ------------------------------- ----------------- iShares([R]) Russell iShares([R]) Dow Jones iShares([R]) iBOXX $ iShares([R]) Barclays TIPS Bond 2000 Index Fund Real Estate Index Fund Investment Grade Corporate Fund (TIP) (IWM) (IYR) Bond Fund (LQD) ---------------------- ----------------------- ------------------------------- ------------------------------- ----------------- iShares([R]) MSCI iShares([R]) S and P GSCI[] JPMorgan Cash Index USD 3 iShares([R]) iBOXX $ High Yield EAFE Index Fund Commodity-Indexed Month (JPCAUS3M) Corporate Bond Fund (HYG) (EFA) Trust (GSG) ---------------------- ----------------------- ------------------------------- ------------------------------- ----------------- Selected Risks [] The notes may not pay more than your principal amount at maturity. [] Payment of the Additional Amount on the Notes and your principal at maturity, as well as any interest payment, is subject to our credit risk. Therefore the value of the Notes prior to maturity will be subject to changes in the market's view of our creditworthiness. [] The Index may not be successful. It may not outperform an alternative strategy related to the Basket Constituents. Changes in the value of Basket Constituents may offset each other. [] The Index is subject to emerging markets risk, fixed income risks, currency exchange risk, real estate risk, ETF risks, small capitalization stock risk and the uncertain legal and regulatory regimes which govern commodities future contracts. []The Index applies monthly rebalancing and weighting caps that may reduce your return. []The Index has a limited operating history. Hypothetical back-tested data related to the Index do not represent actual historical data and are subject to inherent limitations. []Upon the occurrence of a commodity hedging disruption event, the amount of your coupon payments may be reduced or eliminated. In addition, the additional amount will be determined by the calculation agent on the date of such event. Accordingly, your payment at maturity would be based on a level of the index prior to the Observation Date. [] Our affiliate, JPMS plc, is the index calculation agent and may adjust the Index in a way that affects its level. [] The index may be partially uninvested. Any uninvested portion will earn no return. [] No interest payments, dividend payments or voting rights with respect to assets underlying the Index. [] The notes do not provide for regular interest payments and you may not receive any interest during the six year term of the notes. [] The tax consequences of the Notes may be uncertain. You should consult your tax adviser regarding the U. S. federal income tax consequences of an investment in the Notes. [] Certain built-in costs are likely to adversely affect the value of the Notes prior to maturity. The original issue price of the Notes includes the agent's commission and the estimated cost of hedging our obligations under the Notes. As a result, the price, if any, at which JPMS will 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. [] Lack of liquidity: JPMorgan Securities LLC, acting as agent for the Issuer (and who we refer to as JPMS), intends to offer to purchase the Notes in the secondary market but is not required to do so. The price, if any, at which JPMS will be willing to purchase Notes from you in the secondary market, if at all, may result in a significant loss of your principal. [] Many economic and market factors, such as Index volatility, time to maturity, interest rates and creditworthiness of the Issuer, will impact the value of the Notes prior to maturity. [] Potential conflicts: we and our affiliates play a variety of roles in connection with the issuance of Notes, including acting as note calculation agent and index calculation agent, and hedging our obligations under the Notes. It is possible that such hedging or other trading activities of JPMorgan or its affiliates could result in substantial returns for JPMorgan and its affiliates while the value of the Notes decline. The risks identified above are not exhaustive. Please see "Risk Factors" in the applicable product supplement and "Selected Risk Considerations" to the applicable term sheet for additional information. Disclaimer SEC Legend: JPMorgan Chase and Co. has filed a registration statement (including a prospectus) with the SEC for any offerings to which these materials relate. Before you invest, you should read the prospectus in that registration statement and the other documents relating to this offering that JPMorgan Chase and Co. has filed with the SEC for more complete information about JPMorgan Chase and Co. and this offering. You may get these documents without cost by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, JPMorgan Chase and Co., any agent or any dealer participating in this offering will arrange to send you the prospectus and each prospectus supplement as well as any product supplement and term sheet if you so request by calling toll-free 866-535-9248. IRS Circular 230 Disclosure: JPMorgan Chase and Co. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase and Co. of any of the matters address herein or for the purpose of avoiding U.S. tax-related penalties. Investment suitability must be determined individually for each investor, and the financial instruments described herein may not be suitable for all investors. The products described herein should generally be held to maturity as early unwinds could result in lower than anticipated returns. This information is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice. Investors should consult with their own advisors as to these matters. This material is not a product of JPMorgan Research Departments. Additional information about the symbols depicted in each cube in the top right-hand corner of this fact sheet can be accessed via the hyperlink to one of our filings with the SEC: http://www.sec.gov/Archives/edgar/data/19617/000095010309000965/symbol_guide.pd f J. P. Morgan Structured Investments | 800 576 3529 | JPM_Structured_Investments@jpmorgan.com