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Published on 6/19/2012 in the Prospect News Structured Products Daily.

New Issue: UBS sells $8.93 million market plus notes due 2013 linked to S&P 500

By Marisa Wong

Madison, Wis., June 19 - UBS AG, London Branch priced $8.93 million of 0% market plus notes due Dec. 18, 2013 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the barrier level - 80% of the initial level - investors will receive the greater of the index return and the 4% contingent minimum return.

Otherwise, investors will be exposed to any losses.

UBS Investment Bank is the underwriter. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:UBS AG, London Branch
Issue:Market plus notes
Underlying index:S&P 500
Amount:$8.93 million
Maturity:Dec. 18, 2013
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above barrier level, par plus greater of index return and 4% contingent minimum return; otherwise, full exposure to losses
Initial level:1,342.84
Barrier level:1,074.27, 80% of initial level
Pricing date:June 15
Settlement date:June 20
Agents:UBS Investment Bank with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents
Fees:1.25%
Cusip:902674JG6

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