New Issue: UBS sells $722,000 trigger autocallable optimization notes on Citigroup

By Marisa Wong

Madison, Wis., Jan. 13 - UBS AG, London Branch priced $722,000 of 0% trigger autocallable optimization securities due Jan. 22, 2013 linked to the common stock of Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Citigroup shares close at or above the initial share price on any monthly observation date, the notes will be called at par plus an annualized call return of 26.89%.

If the notes are not called and the final share price is greater than or equal to 68% of the initial price, the payout at maturity will be par. Otherwise, investors will share fully in losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying stock:	Citigroup Inc. (NYSE: C)
Amount:	$722,000
Maturity:	Jan. 22, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to trigger price, par; otherwise, exposure to losses
Initial share price:	$30.74
Trigger price:	$20.90, 68% of initial price
Call option:	At par plus 26.89% if Citigroup shares close at or above initial price on a monthly observation date
Pricing date:	Jan. 13
Settlement date:	Jan. 19
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.25%
Cusip:	90267W363

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