New Issue: UBS prices $327,403 10.46% trigger yield optimization notes linked to Halliburton

By Toni Weeks

San Diego, Dec. 27 - UBS AG, London Branch priced $327,403 of 10.46% trigger yield optimization notes due Jan. 2, 2014 linked to the common stock of Halliburton Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial price of Halliburton stock.

The payout at maturity will be par in cash unless the final price of Halliburton stock is less than 70% of the initial share price, in which case investors will receive one Halliburton 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:	Halliburton Co. (NYSE: HAL)
Amount:	$327,402.60
Maturity:	Jan. 2, 2014
Coupon:	10.46%, payable monthly
Price:	Par of $34.14
Payout at maturity:	If final share price is less than trigger price, one Halliburton share; otherwise, par
Initial share price:	$34.14
Trigger price:	$23.90, 70% of initial price
Pricing date:	Dec. 27
Settlement date:	Dec. 30
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.75%
Cusip:	90267V464

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