New Issue: UBS prices $9.22 million buffered PLUS linked to iShares MSCI EM

By Susanna Moon

Chicago, Aug. 1 - UBS AG, London Branch priced $9.22 million of 0% buffered Performance Leveraged Upside Securities due Feb. 4, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any gain in the fund price, up to a maximum return of 20%.

Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.

UBS Securities LLC is the agent, and Morgan Stanley Smith Barney LLC is the dealer.

Issuer:	UBS AG, London Branch
Issue:	Buffered Performance Leveraged Upside Securities
Underlying fund:	iShares MSCI Emerging Markets index fund
Amount:	$9,215,650
Maturity:	Feb. 4, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 200% of any fund gain, capped at 20%; par if share price falls by 10% or less; 1% loss per 1% drop beyond 10%
Initial share price:	$39.30
Pricing date:	July 30
Settlement date:	Aug. 2
Agent:	UBS Securities LLC with Morgan Stanley Smith Barney LLC as dealer
Fees:	2%
Cusip:	90268U598

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