New Issue: UBS prices $34.04 million 10.09% yield optimization notes linked to Ford

By Angela McDaniels

Tacoma, Wash., Sept. 16 - UBS AG, London Branch priced $34.04 million of 10.09% yield optimization notes with contingent protection due Sept. 20, 2011 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes have a face value of $11.98 each, which is the initial share price of Ford stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Ford stock is less than 75% of the initial share price, in which case the payout will be one share of Ford stock per note.

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

Issuer:	UBS AG, London Branch
Issue:	Yield optimization notes with contingent protection
Underlying stock:	Ford Motor Co. (NYSE: F)
Amount:	$34,042,152.36
Maturity:	Sept. 20, 2011
Coupon:	10.09%, payable monthly
Price:	Par of $11.98
Payout at maturity:	If final price of Ford stock is less than trigger price, one Ford share; otherwise, par
Initial share price:	$11.98
Trigger price	$8.99, 75% of initial price
Pricing date:	Sept. 14
Settlement date:	Sept. 17
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.75%
Cusip:	90267C862

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