New Issue: UBS prices $1.54 million 11.13% trigger yield optimization notes on Southwestern Energy

By Jennifer Chiou

New York, Jan. 18 - UBS AG, London Branch priced $1,536,488 of 11.13% trigger yield optimization notes due Jan. 18, 2013 linked to the common stock of Southwestern EnergyCo., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial price of Southwestern Energy stock.

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

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Southwestern Energy Co. (NYSE: SWN)
Amount:	$1,536,488.92
Maturity:	Jan. 18, 2013
Coupon:	11.13%, payable monthly
Price:	Par of $29.42
Payout at maturity:	If final share price is less than trigger price, one Southwestern Energy share; otherwise, par
Initial share price:	$29.42
Trigger price:	$22.07, 75% of initial price
Pricing date:	Jan. 13
Settlement date:	Jan. 19
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90267V852

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