SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED
J.P. Morgan Series Trust
Exact Name of Registrant
NOTIFICATION OF ELECTION
J.P. Morgan Global 50 Fund (the "Fund"), a series of J.P. Morgan Series
Trust and an open end investment company registered with the Securities and
Exchange Commission (the "Commission") under the Investment Company Act of 1940,
as amended (the "1940 Act"), hereby notifies the Commission that it elects to
commit itself to pay in cash all redemptions by a shareholder of record as
provided by Rule 18f-1 under the 1940 Act (the "Rule"). The Fund understands
that this election is irrevocable while the Rule is in effect unless the
Commission by order upon application permits the withdrawal of this Notification
of election.
SIGNATURE
Pursuant to the requirements of Rule 18f-1 under the 1940 Act, the Fund
has caused this Notification of Election to be duly executed on its behalf in
the City of New York and State of New York on June 11, 1998.
J.P. Morgan Series Trust
By: /s/ Michael S. Petrucelli
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Michael S. Petrucelli
Vice President
Attest: /s/ Stephanie D. Pierce
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Stephanie D. Pierce
Vice President