New Issue: UBS prices $249,921 7.93% trigger yield optimization notes on Cummins

New York, June 14 - UBS AG, London Branch priced $249,921.45 of 7.93% annualized trigger yield optimization notes due Dec. 19, 2012 linked to the common stock of Cummins Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $93.15, which is equal to the initial share price of Cummins stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Cummins stock is less than 66% 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:	$249,921.45
Maturity:	Dec. 19, 2012
Coupon:	7.93%, payable monthly
Price:	Par of $93.15
Payout at maturity:	If final share price is less than trigger price, one Cummins share; otherwise, par
Initial share price:	$93.15
Trigger price:	$61.48, 66% of initial price
Pricing date:	June 14
Settlement date:	June 19
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90268X501

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