INDIANAPOLIS, April 27, 2006 - Chase Education Finance announces that Chris Earnshaw has become Chase's Account Manager for schools in Rhode Island, Vermont, and select schools in Massachusetts, Connecticut, New York and Washington DC. Earnshaw joined Chase through Chase's March 2006 acquisition of Collegiate Funding Services (CFS).

With the addition of Collegiate Funding Services, Chase Education Finance has the sales, marketing, origination and servicing capabilities to be a major provider of every type of student loan as it works with schools and their students parents to achieve their educational goals. Chase and CFS originated nearly $12 billion in student loans in 2005.

Earnshaw has 10 years of experience in the financial aid industry. He graduated with a Bachelor of Arts degree from Rhode Island College in 1995 and earned an MBA from Providence College in 2004. For the past year, he worked as Regional Director of Business Development at CFS. Earnshaw also has worked as an Education Finance Specialist at KeyBank and as an Assistant Director of Financial Aid at Roger Williams University.

"Chris knows the business and always focuses on customer service first," said Stacey MacPhetres, District Manager for Chase's Northeast Region. "We are pleased to welcome him to the Chase sales team."

About Chase

Chase is the U.S. consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM). Chase has 112 million credit cards issued and serves consumers and small businesses through more than 2,600 bank branches, 7,400 ATMs and 280 mortgage offices as well as through relationships with 15,600 auto dealerships and 2,500 schools and universities. It also serves more than 25,000 commercial banking clients, including corporations, municipalities, financial institutions and not-for-profit entities with annual revenues generally ranging from $10 million to $2 billion. More information about Chase is available at www.chase.com.