Chase, Zappos.com Make a Great Fit.

Chase and Zappos Partner to Offer Rewards to Shoe Fanatics Everywhere

WILMINGTON, Del. -- Zappos.com, a leading online shoe and apparel retailer, and Chase Card Services, a division of JPMorgan Chase & Co. [NYSE:JPM], have partnered to issue the Zappos Rewards Visa([R]). Approved cardmembers earn two points on all eligible Zappos.com purchases and one point on other eligible card purchases. Cardmembers who earn 2,500 points will automatically receive a $25 Zappos.com gift certificate.

Cardmembers will receive a $25 statement credit upon their first use of the card plus they enjoy a 0% APR introductory offer for up to six months and no annual fee. Zappos.com customers and prospective customers can apply for and learn more about the Zappos Rewards Visa by visiting www.zappos.com.

Zappos.com stocks approximately 2 million shoes, handbags, apparel items and accessories from over 1000 brands. With a focus on service, the company has grown rapidly since its inception in 1999.

Online shopping has gained widespread popularity. According to Forrester, shoppers spent an estimated $27 billion online during 2006's "Cyber Monday," the biggest online shopping day of the season. Zappos.com and Chase launched the Zappos Rewards Visa to offer customers convenience and savings.

"At Chase, we want to offer our cardmembers rewards that match their lifestyle," said Hugh Bleemer, executive vice president, Chase Card Services. "Chase and Zappos.com recognize the value in customer appreciation and providing services to extend savings."

"At Zappos, we strive to provide the best service and online shopping experience to our customers and we are very proud to partner with Chase to create a program that rewards our loyal customers," says Zappos.com CFO Alfred Lin.

About Zappos.com

Established in 1999, Zappos.com has become one of the leaders in online shoe and accessories sales by providing shoppers with the best possible service and selection. Zappos.com currently stocks more than 2 million shoes, handbags, apparel items and accessories from more than 1000 brands in warehouse space totaling approximately 900,000 square feet. Ranked #79 in 2006 on Inc. Magazine's list of 500 fastest-growing private companies in the U.S., Zappos.com's sales topped $597 million in 2006, strongly surpassing its 2005 revenues of $370 million. The company was recently named "Best of the Web" for 2006 by Internet Retailer Magazine. Zappos.com was also included in Time Magazine's "25 Sites You Can't Live Without." Zappos.com's customer service team is available 24/7, 365 days a year.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The company has more than 140 million credit cards issued. Under the JPMorgan and Chase brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.