New Issue: UBS prices $104,983 9.29% trigger yield optimization notes linked to Gold Miners

New York, Nov. 26 - UBS AG, London Branch priced $104,983 of 9.29% trigger yield optimization notes due Dec. 1, 2014 linked to the Market Vectors Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $22.20, which is equal to the initial share price of the fund.

Interest is payable monthly.

The payout at maturity will be par unless the final price of the fund is less than 80% of the initial share price, in which case investors will receive one share per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying fund:	Market Vectors Gold Miners ETF
Amount:	$104,983
Maturity:	Dec. 1, 2014
Coupon:	9.29%, payable monthly
Price:	Par of $22.20
Payout at maturity:	If final share price is less than trigger price, one share; otherwise, par
Initial share price:	$22.20
Trigger price:	$17.76, 80% of initial price
Pricing date:	Nov. 25
Settlement date:	Nov. 29
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90271W508

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