New Issue: UBS prices $99,976 17.04% trigger yield optimization notes linked to Citigroup

By Angela McDaniels

Tacoma, Wash., Nov. 29 - UBS AG, London Branch priced $99,976 of 17.04% annualized trigger yield optimization notes due Dec. 4, 2012 linked to the common stock of Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $25.24, which is equal to the initial share price of Citigroup stock.

Interest is payable quarterly.

The payout at maturity will be par unless the final price of Citigroup stock is less than 60% of the initial share price, in which case investors will receive one Citigroup 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:	Citigroup Inc. (NYSE: C)
Amount:	$99,975.64
Maturity:	Dec. 4, 2012
Coupon:	17.04%, payable quarterly
Price:	Par of $25.24
Payout at maturity:	If final share price is less than trigger price, one Citigroup share; otherwise, par
Initial share price:	$25.24
Trigger price:	$15.14, 60% of initial price
Pricing date:	Nov. 29
Settlement date:	Dec. 2
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%	Cusip:	90267T501

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