New Issue: UBS prices $199,960 10.19% trigger yield optimization notes on Cummins

By Susanna Moon

Chicago, Dec. 1 - UBS AG, London Branch priced $199,960 of 10.19% annualized trigger yield optimization notes due June 6, 2012 linked to Cummins 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 share price of Cummins.

The payout at maturity will be par unless the final price of Cummins stock is less than 63% of the initial share price, in which case investors will receive one Cummins 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:	Cummins Inc. (NYSE: CMI)
Amount:	$199,960.32
Maturity:	June 6, 2012
Coupon:	10.19%, payable monthly
Price:	Par of $96.32
Payout at maturity:	If final share price is less than trigger price, one Cummins share; otherwise, par
Initial share price:	$96.32
Trigger price:	$60.68, 63% of initial price
Pricing date:	Dec. 1
Settlement date:	Dec. 6
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90267T642

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