March 2009

Pricing Sheet dated March 24, 2009 relating to

Preliminary Terms No. 6 dated February 23, 2009 to

Registration Statement No. 333-155535

Filed pursuant to Rule 433

PRICING TERMS –March 24, 2009

Issuer:

JPMorgan Chase & Co.

Maturity date:

April 30, 2010, 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-1-A-III.

Underlying index:

S&P 500^® Index

Aggregate principal amount:

$10,153,040

Payment at maturity:

If final index value is greater than initial index value, for each $10 principal amount PLUS,

$10 + leveraged upside payment

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

If final index value is less than or equal to initial index value, for each $10 principal amount PLUS,

$10 x index performance factor

This amount will be less than or equal to the stated principal amount of $10 per PLUS, but will not be less than zero.

Leveraged upside payment:

$10 x leverage factor x index percent increase

Index percent increase:

(final index value – initial index value) / initial index value

Initial index value:

806.12, the index closing value of the underlying index on the pricing date

Final index value:

The index closing value on the valuation date

Valuation date:

April 27, 2010, 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-1-A-III.

Leverage factor:

300%

Index performance factor:

final index value / initial index value

Maximum payment at maturity:

$12.67 (126.70% 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:

March 24, 2009

Original issue date:

March 31, 2009 (5 business days after the pricing date)

CUSIP:

46625H399

Listing:

The PLUS will not be listed on any securities exchange.

Agent:

J.P. Morgan Securities Inc. (“JPMSI”)

Commissions and Issue
Price:

Price to Public⁽¹⁾⁽²⁾

Fees and Commissions⁽²⁾⁽³⁾

Proceeds to Company

Per PLUS

$10

$0.20

$9.80

Total

$10,153,040

$203,060.80

$9,949,979.20

(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-14 of the accompanying product supplement no. MS-1-A-III.

(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 $9.95 per PLUS. Please see “Syndicate Information” on page 5 of the accompanying preliminary terms for further details.

(3)

JPMSI, acting as agent for JPMorgan Chase & Co., received a commission of $0.20 per $10 principal amount PLUS and used all of that commission to allow selling concessions to Morgan Stanley & Co. Incorporated (“MS & Co.”). See “Underwriting” beginning on page PS-40 of the accompanying product supplement no. MS-1-A-III.

March 2009

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