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Published on 9/30/2011 in the Prospect News Structured Products Daily.

New Issue: UBS prices $179,998 13.76% trigger yield optimization notes on Micron

By Marisa Wong

Madison, Wis., Sept. 30 - UBS AG, London Branch priced $179,998 of 13.76% trigger yield optimization notes due March 6, 2013 linked to Micron Technology, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The face amount of each note is equal to the initial price of Micron stock.

The payout at maturity will be par in cash unless the final price of Micron stock is less than 50% of the initial share price, in which case investors will receive one Micron share per note.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:UBS AG, London Branch
Issue:Trigger yield optimization notes
Underlying stock:Micron Technology, Inc. (Nasdaq: MU)
Amount:$179,997.68
Maturity:March 6, 2013
Coupon:13.76%, payable monthly
Price:Par of $5.87
Payout at maturity:Par in cash unless final price is less than trigger price, in which case one Micron share per note
Initial share price:$5.87
Trigger price:$2.94, 50% of initial share price
Pricing date:Sept. 29
Settlement date:Oct. 4
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.31%
Cusip:90268F203

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