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Published on 11/9/2012 in the Prospect News Structured Products Daily.

New Issue: UBS prices $374,791 10.74% trigger yield optimization notes linked to Rio Tinto

New York, Nov. 9 - UBS AG, London Branch priced $374,791 of 10.74% trigger yield optimization notes due Nov. 14, 2013 linked to the American Depositary Shares of Rio Tinto plc, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $49.05, which is equal to the initial share price of Rio Tinto ADSs.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Rio Tinto ADSs is less than 80% of the initial share price, in which case investors will receive one Rio Tinto 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:American Depositary Shares of Rio Tinto plc (NYSE: RIO)
Amount:$374,791.05
Maturity:Nov. 14, 2013
Coupon:10.74%, payable monthly
Price:Par of $49.05
Payout at maturity:If final share price is less than trigger price, one Rio Tinto ADS; otherwise, par
Initial share price:$49.05
Trigger price:$39.24, 80% of initial price
Pricing date:Nov. 9
Settlement date:Nov. 15
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90270J631

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