New Issue: Wells Fargo prices $3.47 million enhanced growth securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Nov. 2 - Wells Fargo & Co. priced $3.47 million of 0% enhanced growth securities due May 7, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, subject to a maximum return of 43%. 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 agent.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying index:	S&P 500
Amount:	$3.47 million
Maturity:	May 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of index return if it is positive, up to maximum return of 43%; par if index falls by 10% or less; l% loss for every 1% decline beyond 10%
Initial index level:	1,183.26
Pricing date:	Oct. 29
Settlement date:	Nov. 5
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RBF7

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