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Published on 7/30/2008 in the Prospect News Structured Products Daily.

New Issue: UBS prices $5.97 million return optimization securities linked to MSCI EAFE

By Susanna Moon

Chicago, July 30 - UBS AG priced $5.97 million of 0% return optimization securities with partial protection due Jan. 29, 2010 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum gain of 19.1%. Investors will receive par for losses up to 10% and will share in any losses beyond 10%.

UBS Financial Services Inc. and UBS Investment Bank will be the underwriters.

Issuer:UBS AG
Issue:Return optimization securities with partial protection
Underlying index:MSCI EAFE index
Amount:$5,972,130
Maturity:Jan. 29, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus double any index gain, capped at 19.1%; par for losses up to 10% and share in losses beyond 10%
Initial index level:1,893.62
Pricing date:July 28
Settlement date:July 31
Underwriter:UBS Investment Bank
Fees:1.75%

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