New Issue: UBS prices $4.36 million 0% PLUS with 16.2% cap linked to S&P 500

By Susanna Moon

Chicago, June 20 - UBS AG, London Branch priced $4.36 million of 0% Performance Leveraged Upside Securities due June 24, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of $11.62 per note.

Investors will be exposed to any losses.

UBS Securities LLC is the underwriter with Morgan Stanley Smith Barney LLC as dealer.

Issuer:	UBS AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$4,359,000
Maturity date:	June 24, 2013
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any index gain, capped at 16.2%; exposure to any losses
Initial level:	1,357.98
Pricing date:	June 19
Settlement date:	June 22
Underwriter:	UBS Securities LLC with Morgan Stanley Smith Barney LLC as dealer
Fees:	2%
Cusip:	90268U499

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