New Issue: UBS sells $99,990 21.1% trigger yield notes on Alpha Natural Resources

By Marisa Wong

Madison, Wis., Oct. 18 - UBS AG, London Branch priced $99,990 of 21.1% trigger yield optimization notes due Oct. 23, 2012 linked to the common stock of Alpha Natural Resources Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is equal to the initial share price of Alpha Natural Resources stock.

Interest is payable monthly.

The payout at maturity will be par in cash unless the final share price is less than 70% of the initial share price, in which case investors will receive one Alpha Natural Resources share per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Alpha Natural Resources Inc. (NYSE: ANR)
Amount:	$99,990.27
Maturity:	Oct. 23, 2012
Coupon:	21.1%, payable monthly
Price:	Par of $21.27
Payout at maturity:	If final share price is less than trigger price, one Alpha Natural Resources share per note; otherwise, par
Initial share price:	$21.27
Trigger price:	$14.89, 70% of initial price
Pricing date:	Oct. 18
Settlement date:	Oct. 21
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90267N439

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