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Published on 9/21/2011 in the Prospect News Structured Products Daily.

New Issue: UBS prices $99,987 13.77% trigger yield notes linked to Citigroup

By Angela McDaniels

Tacoma, Wash., Sept. 21 - UBS AG, London Branch priced $99,987 of 13.77% trigger yield optimization notes due Sept. 26, 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 equal to the initial share price of Citigroup stock.

Interest is payable monthly.

The payout at maturity will be par in cash unless the final share price is less than 50% 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 agents.

Issuer:UBS AG, London Branch
Issue:Trigger yield optimization notes
Underlying stock:Citigroup Inc. (NYSE: C)
Amount:$99,987.36
Maturity:Sept. 26, 2012
Coupon:13.77%, payable monthly
Price:Par of $25.52
Payout at maturity:If final share price is less than trigger price, one Citigroup share; otherwise, par
Initial share price:$25.52
Trigger price:$12.76, 50% of initial price
Pricing date:Sept. 21
Settlement date:Sept. 26
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90268D224

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