JPMorgan Funds - JPMorgan Trust II

The following securities were purchased pursuant to Rule 10f-3 and all requirements of the Rule 10f-3 Procedures of the Funds:


Fund	JPMorgan Diversified Mid Cap Value Fund
Trade Date	2/10/2009
Issuer	Mead Johnson Nutrition Company (MJN) IPO
Cusip	58283910
Shares	52,730
Offering Price	$24.00
Spread	$1.200
Cost	$1,265,520
Dealer Executing Trade	Morgan Stanley and Company
% of Offering	0.80%
Syndicate Members	Citi, Morgan Stanley & Co., Banc of America Securities, Credit Suisse, J.P. Morgan
Fund	JPMorgan Equity Income Fund
Trade Date	2/10/2009
Issuer	Mead Johnson Nutrition Company (MJN) IPO
Cusip	58283910
Shares	42,800
Offering Price	$24.00
Spread	$1.200
Cost	$1,027,200
Dealer Executing Trade	Morgan Stanley and Company
% of Offering	0.80%
Syndicate Members	Citi, Morgan Stanley & Co., Banc of America Securities, Credit Suisse, J.P. Morgan
Fund	JPMorgan Intrepid Mid Cap Fund
Trade Date	2/10/2009
Issuer	Mead Johnson Nutrition Company (MJN) IPO
Cusip	58283910
Shares	39,300
Offering Price	24
Spread	$1.20
Cost	$943,200.00
Dealer Executing Trade	Morgan Stanley and Company
% of Offering	0.80%
Syndicate Members	Citi, Morgan Stanley & Co., Banc of America Securities, Credit Suisse, J.P. Morgan
Fund	JPMorgan Small Cap Growth Fund
Trade Date	2/11/2009
Issuer	Lincoln Educational Services Corporation (LINC) Secondary
Cusip	53353510
Shares	153,900
Offering Price	14
Spread	$0.77
Cost	$2,154,600.00
Dealer Executing Trade	Barclays Capital Inc
% of Offering	5.12%
Syndicate Members	Credit Suisse, Barclays Capital, Robert baird & Co, BMO Capital Markets, J.P. Morgan, Barrington Research
Fund	JPMorgan Large Cap Value Fund
Trade Date	4/1/2009
Issuer	American Electric Power (AEP) Secondary
Cusip	25537101
Shares	25,200
Offering Price	$24.50
Spread	$0.74
Cost	$617,400.00
Dealer Executing Trade	Credit Suisse Securities
% of Offering	0.36%
Syndicate Members	Barclays, Citi, Credit Suisse, JP Morgan, Morgan Stanley
Fund	JPMorgan U.S. Real Estate Fund
Trade Date	4/8/2009
Issuer	Prologis (PLD) Secondary
Cusip	74341010
Shares	780,800
Offering Price	7
Spread	$0.26
Cost	$5,153,280.00
Dealer Executing Trade	Bank of America
% of Offering	3.13%
Syndicate Members	Citi, Deutsche Bank, Merrill Lynch
Fund	JPMorgan Small Cap Value Fund
Trade Date	4/14/2009
Issuer	Bridgepoint Education Inc. (BPI) IPO
Cusip	10807M105
Shares	300
Offering Price	$10.50
Spread	$0.68
Cost	$3,150.00
Dealer Executing Trade	Signal Hill Capital Group, LLC.
% of Offering	1.50%
Syndicate Members	Credit Suisse, JP Morgan
Fund	JPMorgan Small Cap Value Fund
Trade Date	4/14/2009
Issuer	Bridgepoint Education Inc. (BPI) IPO
Cusip	10807M105
Shares	29,600
Offering Price	11
Spread	$0.68
Cost	$310,800.00
Dealer Executing Trade	Credit Suisse Securities
% of Offering	1.50%
Syndicate Members	Credit Suisse, JP Morgan
Fund	JPMorgan Intrepid Mid Cap Fund
Trade Date	5/5/2009
Issuer	Dean Foods Company (DF) Secondary
Cusip	24237010
Shares	42,500
Offering Price	18
Spread	$0.73
Cost	$775,625.00
Dealer Executing Trade	Merrill Lynch and Company Inc.
% of Offering	0.29%
Syndicate Members	Merrill Lynch, J.P. Morgan, Barclays Capital Wachovia Securities, Rabo Securities USA, Inc., BNP Paribas, Calyon Securities (USA) Inc., Credit Suissee, SunTrust Robinson Humphrey
Fund	JPMorgan Equity Income Fund
Trade Date	5/8/2009
Issuer	Wells Fargo & Company (WFC) Secondary
Cusip	94974610
Shares	100
Offering Price	$22.00
Spread	$0.52
Cost	$2,200.00
Dealer Executing Trade	Samuel A. Ramirez & Co
% of Offering	0.33%
Syndicate Members	Wachovia Securities, J.P. Morgan, Goldman, Sachs & Co., Morgan Stanley
Fund	JPMorgan Equity Income Fund
Trade Date	5/8/2009
Issuer	Wells Fargo & Company (WFC) Secondary
Cusip	94974610
Shares	200
Offering Price	$22.00
Spread	$0.52
Cost	$4,400.00
Dealer Executing Trade	Blaylock Robert Van LLC
% of Offering	0.33%
Syndicate Members	Wachovia Securities, J.P. Morgan, Goldman, Sachs & Co., Morgan Stanley
Fund	JPMorgan Equity Income Fund
Trade Date	5/8/2009
Issuer	Wells Fargo & Company (WFC) Secondary
Cusip	94974610
Shares	9,000
Offering Price	22
Spread	$0.52
Cost	$198,000.00
Dealer Executing Trade	Wachovia Securities LLC
% of Offering	0.33%
Syndicate Members	Wachovia Securities, J.P. Morgan, Goldman, Sachs & Co., Morgan Stanley
Fund	JPMorgan Large Cap Value Fund
Trade Date	5/8/2009
Issuer	Wells Fargo & Company (WFC) Secondary
Cusip	94974610
Shares	100
Offering Price	$22.00
Spread	$0.52
Cost	$2,200.00
Dealer Executing Trade	Samuel A. Ramirez & Co
% of Offering	0.33%
Syndicate Members	Wachovia Securities, J.P. Morgan, Goldman, Sachs & Co., Morgan Stanley
Fund	JPMorgan Large Cap Value Fund
Trade Date	5/8/2009
Issuer	Wells Fargo & Company (WFC) Secondary
Cusip	94974610
Shares	200
Offering Price	$22.00
Spread	$0.52
Cost	$4,400.00
Dealer Executing Trade	Blaylock Robert Van LLC
% of Offering	0.33%
Syndicate Members	Wachovia Securities, J.P. Morgan, Goldman, Sachs & Co., Morgan Stanley
Fund	JPMorgan Large Cap Value Fund
Trade Date	5/8/2009
Issuer	Wells Fargo & Company (WFC) Secondary
Cusip	94974610
Shares	32,100
Offering Price	$22.00
Spread	$0.52
Cost	$706,200.00
Dealer Executing Trade	Wachovia Securities LLC
% of Offering	0.33%
Syndicate Members	Wachovia Securities, J.P. Morgan, Goldman, Sachs & Co., Morgan Stanley
Fund	JPMorgan Diversified Mid Cap Value Fund
Trade Date	5/12/2009
Issuer	BB&T Corporation (BBT) Secondary
Cusip	5493710
Shares	49,000
Offering Price	$20.00
Spread	$0.60
Cost	$980,000.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	4.67%
Syndicate Members	Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, BB&T Capital Markets
Fund	JPMorgan Equity Income Fund
Trade Date	5/12/2009
Issuer	BB&T Corporation (BBT) Secondary
Cusip	5493710
Shares	39,800
Offering Price	20
Spread	$0.60
Cost	$796,000.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	4.67%
Syndicate Members	Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, BB&T Capital Markets
Fund	JPMorgan Large Cap Value Fund
Trade Date	5/12/2009
Issuer	BB&T Corporation (BBT) Secondary
Cusip	5493710
Shares	41,900
Offering Price	20
Spread	$0.60
Cost	$838,000.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	4.67%
Syndicate Members	Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, BB&T Capital Markets
Fund	JPMorgan Small Cap Growth Fund
Trade Date	5/13/2009
Issuer	DigitalGlobal Inc (DGI) IPO
Cusip	25389M87
Shares	1,700
Offering Price	$19.00
Spread	$1.33
Cost	$32,300.00
Dealer Executing Trade	Jefferies and Company Inc.
% of Offering	3.47%
Syndicate Members	Morgan Stanley, J.P. Morgan, Citi, Merrill Lynch & Co., Jefferies & Company
Fund	JPMorgan Small Cap Growth Fund
Trade Date	5/13/2009
Issuer	DigitalGlobal Inc (DGI) IPO
Cusip	25389M87
Shares	84,600
Offering Price	19
Spread	$1.33
Cost	$1,607,400.00
Dealer Executing Trade	Morgan Stanley and Company
% of Offering	3.47%
Syndicate Members	Morgan Stanley, J.P. Morgan, Citi, Merrill Lynch & Co., Jefferies & Company
Fund	JPMorgan Small Cap Value Fund
Trade Date	5/13/2009
Issuer	DigitalGlobal Inc (DGI) IPO
Cusip	25389M87
Shares	1,100
Offering Price	$19.00
Spread	$1.33
Cost	$20,900.00
Dealer Executing Trade	Jefferies and Company Inc.
% of Offering	3.47%
Syndicate Members	Morgan Stanley, J.P. Morgan, Citi, Merrill Lynch & Co., Jefferies & Company
Fund	JPMorgan Small Cap Value Fund
Trade Date	5/13/2009
Issuer	DigitalGlobal Inc (DGI) IPO
Cusip	25389M87
Shares	12/4/2045
Offering Price	19
Spread	$1.33
Cost	$1,012,700.00
Dealer Executing Trade	Morgan Stanley and Company
% of Offering	3.47%
Syndicate Members	Morgan Stanley, J.P. Morgan, Citi, Merrill Lynch & Co., Jefferies & Company
Fund	JPMorgan Diversified Mid Cap Value Fund
Trade Date	5/14/2009
Issuer	Energizer Holdings Inc. (ENR) Secondary
Cusip	29266R10
Shares	6/26/1931
Offering Price	49
Spread	$2.27
Cost	$563,500.00
Dealer Executing Trade	Merrill Lynch and Company Inc.
% of Offering	4.21%
Syndicate Members	J.P. Morgan, Merrill Lynch & Co., Deutsche Bank Securities, Goldman, Sachs, & Co., Moelis & Company, Mitsubishi UFJ Securities, SunTrust Robinson Humphrey
Fund	JPMorgan Small Cap Growth Fund
Trade Date	5/19/2009
Issuer	Solarwinds, Inc. (SWI) IPO
Cusip	83416B10
Shares	2/8/1904
Offering Price	$12.50
Spread	$0.88
Cost	$18,750.00
Dealer Executing Trade	Jefferies and Company Inc.
% of Offering	2.97%
Syndicate Members	J.P. Morgan, Goldman,Sachs&Co., Morgan Stanley, Jefferies & Company, Thomas Weisel Partners LLC, Ladenburg Thalmann & Co. Inc.
Fund	JPMorgan Small Cap Growth Fund
Trade Date	5/19/2009
Issuer	Solarwinds, Inc. (SWI) IPO
Cusip	83416B10
Shares	10/26/2041
Offering Price	13
Spread	$0.88
Cost	$647,500.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	2.97%
Syndicate Members	J.P. Morgan, Goldman,Sachs&Co., Morgan Stanley, Jefferies & Company, Thomas Weisel Partners LLC, Ladenburg Thalmann & Co. Inc.
Fund	JPMorgan Small Cap Value Fund
Trade Date	5/19/2009
Issuer	Solarwinds, Inc. (SWI) IPO
Cusip	83416B10
Shares	2/3/1901
Offering Price	13
Spread	$0.88
Cost	$5,000.00
Dealer Executing Trade	Jefferies and Company Inc.
% of Offering	2.97%
Syndicate Members	J.P. Morgan, Goldman,Sachs&Co., Morgan Stanley, Jefferies & Company, Thomas Weisel Partners LLC, Ladenburg Thalmann & Co. Inc.
Fund	JPMorgan Small Cap Value Fund
Trade Date	5/19/2009
Issuer	Solarwinds, Inc. (SWI) IPO
Cusip	83416B10
Shares	6/8/1942
Offering Price	$12.50
Spread	$0.88
Cost	$193,750.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	2.97%
Syndicate Members	J.P. Morgan, Goldman,Sachs&Co., Morgan Stanley, Jefferies & Company, Thomas Weisel Partners LLC, Ladenburg Thalmann & Co. Inc.
Fund	JPMorgan Large Cap Value Fund
Trade Date	5/20/2009
Issuer	Hertz Global Holdings Inc. (HTZ) Secondary
Cusip	42805T10
Shares	12/9/2189
Offering Price	$6.50
Spread	$0.27
Cost	$688,350.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	0.87%
Syndicate Members	Goldman, Sachs & Co., J.P. Morgan, Morgan Keegan & Company Inc.
Fund	JPMorgan Large Cap Growth Fund
Trade Date	6/2/2009
Issuer	Prudential Financial Inc (PRU)  Secondary
Cusip	744320102
Shares	12/7/1953
Offering Price	$39.00
Spread	$1.24
Cost	$768,300.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	3.12%
Syndicate Members	Citi, Goldman, Sachs & Co., J.P. Morgan
Fund	JPMorgan Diversified Mid Cap Value Fund
Trade Date	6/4/2009
Issuer	Transatlantic Holdings Inc(TRH)  Secondary
Cusip	893521104
Shares	1/6/1975
Offering Price	$38.00
Spread	$1.33
Cost	$1,041,200.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	3.85%
Syndicate Members	J.P. Morgan, Goldman Sachs & Co, Morgan Stanley & Co, Lazard Capital Markets, Dowling & Partners, Fox-Pitt Kelton Cochran Caronia Waller
Fund	JPMorgan Diversified Mid Cap Value Fund
Trade Date	6/11/2009
Issuer	Vulcan Materials Co (VMC) Secondary
Cusip	929160109
Shares	4/18/1906
Offering Price	$41.00
Spread	$1.64
Cost	$94,300.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	2.61%
Syndicate Members	Goldman Saches & Co, Merrill Lynch & Co, J.P. Morgan, Wachovia Securities
Fund	JPMorgan Equity Income Fund
Trade Date	6/11/2009
Issuer	Vulcan Materials Co (VMC) Secondary
Cusip	929160109
Shares	6/22/1905
Offering Price	41
Spread	$1.64
Cost	$82,000.00
Dealer Executing Trade	Goldman Sachs and Company
% of Offering	2.61%
Syndicate Members	Goldman Saches & Co, Merrill Lynch & Co, J.P. Morgan, Wachovia Securities
Fund	JPMorgan Small Cap Value Fund
Trade Date	6/30/2009
Issuer	Logmein Inc(LOGM)  IPO
Cusip	54142L10
Shares	2/7/1927
Offering Price	$16.00
Spread	$1.12
Cost	$158,400.00
Dealer Executing Trade	Barclays Capital Inc.
% of Offering	1.05%
Syndicate Members	J.P. Morgan, Barclays Capital Markets, Thomas Weisel Partners LLC, Piper Jaffray, RBC Capital Markets