New Issue: UBS sells $15.29 million 0% market-linked notes tied to basket of six currencies

By Susanna Moon

Chicago, Nov. 29 - UBS AG, Jersey Branch priced $15.29 million of 0% market-linked notes due Nov. 30, 2012 based on a basket of equally weighted currencies versus the U.S. dollar, according to an FWP filing with the Securities and Exchange Commission.

The underlying currencies are the Australian dollar, Canadian dollar, Chinese renminbi, Indonesian rupiah, Malaysian ringgit and Norwegian krone.

The payout at maturity will be par plus 1.16 times any basket gain.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond 10%.

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

Issuer:	UBS AG, London Branch
Issue:	Market-linked notes
Underlying currencies:	Australian dollar, Canadian dollar, Chinese renminbi, Indonesian rupiah, Malaysian ringgit and Norwegian krone, equally weighted
Amount:	$15,292,300
Maturity:	Nov. 30, 2012
Coupon:	0%, payable monthly
Price:	Par
Payout at maturity:	116% of any basket gain; exposure to losses beyond 10%
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Agents:	UBS Securities LLC, UBS Investment Bank
Fees:	2%
Cusip:	902669233

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