New Issue: UBS prices $99,817 11.01% trigger yield optimization notes linked to Cummins

By Susanna Moon

Chicago, Sept. 15 - UBS AG, London Branch priced $99,817 of 11.01% trigger yield optimization notes due Sept. 20, 2012 linked to Cummins Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

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

Interest is payable monthly.

The payout at maturity will be par in cash unless the stock finishes below the trigger level - 65% 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 agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Cummins Inc. (NYSE: CMI)
Amount:	$99,817.20
Maturity:	Sept. 20, 2012
Coupon:	11.01%, payable monthly
Price:	Par of $97.86
Payout at maturity:	If stock finishes below trigger price, one Cummins share; otherwise, par
Initial share price:	$97.86
Trigger price:	$63.61, or 65% of initial price
Pricing date:	Sept. 15
Settlement date:	Sept. 20
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90268E412

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