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J.P. Morgan to Offer 32 Vanguard ETFs on the Mexican Stock Exchange.

NEW YORK -- J.P. Morgan announced today that its Depositary Receipts (DR) Group has been appointed by Vanguard, one of the world's largest investment management companies, to offer its U.S.-registered Exchange Traded Funds (ETFs) on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

J.P. Morgan began offering three Vanguard ETFs new to the Mexican market on December 24, 2008: Vanguard Mega Cap 300 ETF (MGC), Vanguard Mega Cap 300 Growth ETF (MGK), and Vanguard Mega Cap 300 Value ETF (MGV). The additional 29 Vanguard ETFs that currently trade on the Bolsa will be offered by J.P. Morgan beginning February 2009. (See attached list of all cross-listed Vanguard ETFs available in Mexico.)

Vanguard ETFs are listed on the BMV in pesos and trades can be initiated through a local broker. J.P. Morgan will service the ETFs and will handle all corporate actions. J.P. Morgan will also disseminate relevant shareholder and corporate actions information in the Mexican market via BMV. Additionally, a dedicated J.P. Morgan representative is available in Mexico City to provide local expertise and guidance to investors.

William Kirst, DR Executive for Latin America at J.P. Morgan, said: "We are pleased to welcome Vanguard as the first ETF provider that J.P. Morgan has launched on the Mexican Stock Exchange. We believe that there will be strong demand by both providers and investors for these peso-denominated ETFs that will provide U.S. and global exposure."

Dennis Duffy, head of business development for Latin America at Vanguard, said: "Investors' appetite for Vanguard's broad lineup of low-cost ETFs continues to grow, and we believe that our relationship with J.P Morgan will bring better service and pricing to this expanding marketplace."

For market information on DRs and international equities go to J.P. Morgan's award-winning web site For more information on J.P. Morgan's DR services please visit

About Vanguard

Vanguard, headquartered in Valley Forge, Pennsylvania, is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages more than $1 trillion in U.S. mutual fund assets, including $40 billion in ETF assets. Vanguard offers more than 150 funds to U.S. investors, and more than 50 additional funds in non-U.S. markets.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM), is a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan, Chase, and Washington Mutual brands. Information about JPMorgan Chase & Co. is available at
 < <

Listed ETF Shares < < Ticker

ISIN Number
 < <

1. Vanguard Consumer Discretionary ETF < < VCR

2. Vanguard Consumer Staples ETF < < VDC

3. Vanguard Emerging Markets ETF < < VWO

4. Vanguard Energy ETF < < VDE

5. Vanguard European ETF < < VGK

6. Vanguard Europe Pacific ETF < < VEA

7. Vanguard Extended Market ETF < < VXF

8. Vanguard Financials ETF < < VFH

9. Vanguard Growth ETF < < VUG

10. Vanguard Health Care ETF < < VHT

11. Vanguard Industrials ETF < < VIS

12. Vanguard Information Technology ETF < < VGT

13. Vanguard Intermediate Term Bond ETF < < BIV

14. Vanguard Large Cap ETF < < VV

15. Vanguard Long Term Bond ETF < < BLV

16. Vanguard Materials ETF < < VAW

17. Vanguard Mid-Cap ETF < < VO

18. Vanguard Mid-Cap Growth ETF < < VOT

19. Vanguard Mid-Cap Value ETF < < VOE

20. Vanguard Pacific ETF < < VPL

21. Vanguard Short Term Bond ETF < < BSV

22. Vanguard Small Cap ETF < < VB

23. Vanguard Small Cap Growth ETF < < VBK

24. Vanguard Small Cap Value ETF < < VBR

25. Vanguard Telecommunication Services ETF < < VOX

26. Vanguard Total Bond Market ETF < < BND

27. Vanguard Total Stock Market ETF < < VTI

28. Vanguard Utilities ETF < < VPU

29. Vanguard Value ETF < < VTV

 < <

New ETF Shares < < Ticker

ISIN Number
 < <

30. Vanguard Mega Cap 300 ETF < < MGC

31. Vanguard Mega Cap 300 Growth ETF < < MGK

32. Vanguard Mega Cap 300 Value ETF < < MGV

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Publication:Business Wire
Date:Jan 12, 2009
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