November 2010
Pricing Sheet dated November 23, 2010 relating to
Preliminary Terms No. 30 dated October 25, 2010
Registration Statement No. 333-155535
Filed pursuant to Rule 433

PRICING TERMS — November 23, 2010

Issuer:

JPMorgan Chase & Co.

Maturity date:

December 28, 2011, subject to adjustment for certain market disruption events and as described under “Description of PLUS — Payment at Maturity” in the accompanying product supplement no. MS-2-A-II

ETF Shares:

Shares of the iShares^® MSCI Emerging Markets Index Fund

Underlying Index:

MSCI Emerging Markets Index

Aggregate principal amount:

$14,161,440

Payment at maturity:

n       

If the final share price is greater than the initial share price, for each $10 stated principal amount PLUS,

$10 + leveraged upside payment

In no event will the payment at maturity exceed the maximum payment at maturity.

n       

If the final share price is less than or equal to the initial share price, for each $10 stated principal amount PLUS,

$10 x share performance factor

This amount will be less than or equal to the stated principal amount of $10 per PLUS.

Leveraged upside payment:

$10 x leverage factor x share percent increase

Share percent increase:

(final share price – initial share price) / initial share price

Share performance factor:

final share price / initial share price

Initial share price:

$44.89, which is the closing price of one ETF Share on the pricing date, divided by the adjustment factor

Adjustment factor:

Set equal to 1.0 on the pricing date, subject to adjustment under certain circumstances. See “General Terms of Notes — Anti-Dilution Adjustments” in the accompanying product supplement no. MS-2-A-II.

Final share price:

The closing price of one ETF Share on the valuation date

Valuation date:

December 22, 2011, subject to adjustment for non-trading days or certain market disruption events and as described under “Description of PLUS — Payment at Maturity” in the accompanying Product Supplement No. MS-2-A-II

Leverage factor:

300%

Maximum payment at maturity:

$12.00 (120.00% of the stated principal amount) per PLUS

Stated principal amount:

$10 per PLUS

Issue price:

$10 per PLUS (see “Commissions and issue price” below)

Pricing date:

November 23, 2010

Original issue date:

November 29, 2010 (3 business days after the pricing date)

CUSIP / ISIN:

46634X757 / US46634X7571

Listing:

The PLUS will not be listed on any securities exchange.

Agent:

J.P. Morgan Securities LLC (“JPMS”)

Commissions and issue price:

Price to Public⁽¹⁾⁽²⁾

Fees and Commissions⁽²⁾⁽³⁾

Proceeds to Issuer

Per PLUS

$10.00

$0.20

$9.80

Total

$14,161,440

$283,228.80

$13,878,211.20

(1)

The price to the public includes the estimated cost of hedging our obligations under the PLUS through one or more of our affiliates, which includes our affiliates’ expected cost of providing such hedge as well as the profit our affiliates expect to realize in consideration for assuming the risks inherent in providing such hedge. For additional related information, please see “Use of Proceeds” beginning on PS-17 of the accompanying product supplement no. MS-2-A-II.

(2)

The actual price to public and commissions for a particular investor may be reduced for volume purchase discounts depending on the aggregate amount of PLUS purchased by that investor. The lowest price payable by an investor is $9.925 per PLUS. Please see “Syndicate Information” on page 5 of the accompanying preliminary terms for further details.

(3)

JPMS, acting as agent for JPMorgan Chase & Co., received a commission of $0.20 per $10 stated principal amount PLUS and used all of that commission to allow selling concessions to Morgan Stanley Smith Barney LLC. See “Underwriting (Conflicts of Interest)” beginning on page PS-45 of the accompanying product supplement no. MS-2-A-II.