UBS plans 0% notes linked to Dow Jones Euro Stoxx 50, Nikkei 225

By Angela McDaniels

Seattle, Feb. 16 - UBS AG intends to price 0% partial principal-protected notes linked to the Dow Jones Euro Stoxx 50 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature on or about Feb. 24, 2011.

If the basket return is positive, payout at maturity will be 176% to 186% of the basket return, with the exact percentage to be determined at pricing.

If the basket return is between 0% and negative 10%, investors will receive par. If the basket loss is greater than 10%, investors will lose 1% for each percentage point the basket loses beyond 10%.

The two indexes will be equally weighted in the basket.

UBS Investment Bank and UBS Financial Services Inc. will be the underwriters.

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