New Issue: UBS prices $109,956 8.3% trigger yield optimization notes linked to First Solar

New York, June 27 – UBS AG, London Branch priced $109,956 of 8.3% trigger yield optimization notes due July 2, 2015 linked to the common stock of First Solar, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $71.40, which is equal to the initial share price of First Solar stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of First Solar stock is less than 70% of the initial share price, in which case investors will receive one First Solar 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:	First Solar, Inc. (Nasdaq: FSLR)
Amount:	$109,956
Maturity:	July 2, 2015
Coupon:	8.3%, payable monthly
Price:	Par of $71.40
Payout at maturity:	If final share price is less than trigger price, one First Solar share; otherwise, par
Initial share price:	$71.40
Trigger price:	$49.98, 70% of initial price
Pricing date:	June 27
Settlement date:	July 2
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90272M764

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