New Issue: Wells Fargo prices $9.75 million enhanced growth securities on Russell 2000

By Jennifer Chiou

New York, Sept. 2 - Wells Fargo & Co. priced $9.75 million of 0% enhanced growth securities due Sept. 10, 2012 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum return of 35%. Investors will receive par for losses up to 10% and will share in losses beyond 10%.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying index:	Russell 2000
Amount:	$9.75 million
Maturity:	Sept. 10, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, up to maximum return of 35%; investors will receive par for losses up to 10% and will share in losses beyond 10%.
Initial index level:	602.06
Threshold level:	541.85, 90% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 8
Underwriter:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RAL5

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