New Issue: Wells Fargo prices $13.17 million enhanced growth securities linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Sept. 29 - Wells Fargo & Co. priced $13.17 million of 0% enhanced growth securities due Oct. 5, 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 double any index gain, subject to a maximum return of 30%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying index:	Russell 2000
Amount:	$13,171,000
Maturity:	Oct. 5, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 30%; par if index falls by 10% or less; 1% loss for each 1% decline beyond 10%
Initial index level:	668.29
Pricing date:	Sept. 27
Settlement date:	Oct. 1
Underwriter:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RAX9

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