New Issue: UBS prices $99,968 8.26% trigger yield optimization notes linked to Baker Hughes

New York, Nov. 24 – UBS AG, London Branch priced $99,968.47 of 8.26% trigger yield optimization notes due Nov. 30, 2016 linked to the common stock of Baker Hughes Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $53.09, which is equal to the initial share price of Baker Hughes stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Baker Hughes stock is less than 70% of the initial share price, in which case investors will receive one Baker Hughes 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 stock:	Baker Hughes Inc. (NYSE: BHI)
Amount:	$99,968.47
Maturity:	Nov. 30, 2016
Coupon:	8.26%, payable monthly
Price:	Par of $53.09
Payout at maturity:	If final share price is less than trigger price, one Baker Hughes share; otherwise, par
Initial share price:	$53.09
Trigger price:	$37.16, 70% of initial price
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90275F238

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