J.P. Morgan US Treasury Note Futures (G) Tracker
Index Highlight -- March 2010

OVERVIEW

The JPMorgan US Treasury Note Futures (G) Tracker Index (the "Index") is a
proprietary J.P. Morgan strategy that seeks to replicate the returns of
maintaining a long position in 10-Year U.S. Treasury notes futures contracts.

Hypothetical and Actual Historical Performance --
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Key Features of the Index

[]   Synthetic index which aims to replicate a rolling position in US 10 year
     Treasury Futures;

[]   Notionally rolled on a quarterly basis(2), prior to the expiry of the
     current front month contract;

[]   The futures contract is based on U. S. Treasury notes maturing between 6.5
     years and 10 years from the delivery month;

[]   Levels published on Bloomberg under the ticker RFJGUSBE

Recent Index Performance Historical Return[]

December 2009            -3.74%
January 2010             2.34%
February 2010            0.64%

Hypothetical and Historical Total Returns (%) and Volatility (%) -- February
26, 2010

Three Year Annualized
Return(1)                      6.92%

Five Year Annualized Return(1) 4.06%

Ten Year
Annualized Return(1)           5.34%

Ten Year
Annualized Volatility(3)       6.85%

Ten Year
Sharpe Ratio(4)                77.96%

Notes

1 Represents the performance of the Index based on, as applicable to the
relevant measurement period, the hypothetical backtested daily Index closing
levels from January 3, 2000 through August 27, 2009, and the actual historical
performance of the Index based on the daily Index closing level from August 28,
2009 through February 26, 2010, as well as the performance of the US Generic
Government 10 Year Yield Index over the same period. There is no guarantee of
any future performance for these indices based on this information. Source:
Bloomberg and JPMorgan.

2 On a quarterly basis (generally, the second to last business day in February,
May, August and November), J.P. Morgan Securities Ltd., or JPMSL, acting as the
Index calculation agent, will rebalance the Index to take synthetic long
positions in the next 10 year Treasury Futures Contract scheduled to expire
immediately following the contract closest to expiration.

3 Calculated based on the annualized standard deviation for the ten year period
prior to February 26, 2010.

4 For the above analysis, the Sharpe Ratio, which is a measure of risk-adjusted
performance, is computed as the ten year annualized historical return divided
by the ten year annualized volatility.

March 3, 2010

Key Risks

[]   Our affiliate, JPMSL, is the index calculation agent and may adjust the
     Index in a way that affects its level. The policies and judgments for which
     JPMSL is responsible could have an impact, positive or negative, on the
     level of the Index and the value of your investment. JPMSL is under no
     obligation to consider your interest as an investor in financial
     instruments linked to the Index.

[]   The Index comprises notional assets only. You will not have any claim
     against any of the 10-year Treasury futures underlying the Index or the
     related Treasury securities.

[]   Interest Rate Risk -- The level of the Index changes daily, at times
     significantly based upon the current market prices of the volatile 10-year
     Treasury futures contracts and the related Treasury notes. These market
     prices are influenced by a variety of factors, particularly interest rate
     changes, the yields on the Treasury futures/notes as compared to current
     market interest rates and the actual or perceived credit quality of the U.
     S. government.

[]   The Index may be subject to high levels of volatility. Futures contracts on
     the 10-year U. S. Treasury notes are highly leveraged and often display
     higher volatility and less liquidity than the 10-year U. S. Treasury Notes.

[]   The settlement price of 10 year Treasury Futures may not be readily
     available.

[]   The Index was established in August 2009 and therefore has a limited
     operating history.

[]   The Index may in the future be subject to an adjustment factor that could
     negatively affect the level of the Index.

The risks identified above are not exhaustive. You should also review carefully
the related "Risk Factors" section in the relevant product supplement and the
"Selected Risk Considerations" in the relevant term sheet or pricing supplement.

Index Disclaimers

[]   The Index was developed, complied, prepared and arranged by JPMorgan
     through the expenditure of substantial time, effort and money and
     constitutes valuable intellectual property and trade secrets of JPMorgan.
     All right, title, and interest in and to the Index is vested in JPMorgan
     and the Index cannot be used without JPMorgan's prior written consent.
     Information herein is believed to be reliable but JPMorgan does not warrant
     its completeness or accuracy.

DISCLAIMER

JPMorgan Chase & Co. ("J.P. Morgan") has filed a registration statement
(including a prospectus) with the Securities and Exchange Commission (the
"SEC") for any offerings to which these materials relate. Before you invest in
any offering of securities by J.P. Morgan, you should read the prospectus in
that registration statement, the prospectus supplement, as well as the
particular product supplement, the relevant term sheet or pricing supplement,
and any other documents that J.P. Morgan will file with the SEC relating to
such offering for more complete information about J.P. Morgan and the offering
of any securities. You may get these documents without cost by visiting EDGAR
on the SEC Website at www.sec.gov. Alternatively, J.P. Morgan, any agent, or
any dealer participating in the particular offering will arrange to send you
the prospectus and the prospectus supplement, as well as any product supplement
and term sheet or pricing supplement, if you so request by calling toll-free
(866) 535-9248.

Free Writing Prospectus filed pursuant to Rule 433; Registration Statement No.
333-155535

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