New Issue: Wells Fargo prices $5.42 million enhanced growth securities linked to three indexes

By Angela McDaniels

Tacoma, Wash., Feb. 2 - Wells Fargo & Co. priced $5.42 million of 0% enhanced growth securities with partial principal protection due Aug. 7, 2013 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P 500 with a 50% weight, the S&P MidCap 400 index with a 25% weight and the Russell 2000 index with a 25% weight.

The payout at maturity will be par plus 1.5 times any basket gain, subject to a maximum return of 41%. Investors will receive par if the basket declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities with partial principal protection
Underlying indexes:	S&P 500 (50% weight), S&P MidCap 400 (25% weight) and Russell 2000 (25% weight)
Amount:	$5,423,000
Maturity:	Aug. 7, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any basket gain, up to maximum return of 41%; par if basket falls by 15% or less; 1% loss for every 1% decline beyond 15%
Initial index levels:	1,073.87 for S&P 500, 702.80 for S&P MidCap 400 and 602.04 for Russell 2000
Pricing date:	Jan. 29
Settlement date:	Feb. 5
Underwriter:	Wells Fargo Securities, LLC
Fees:	2.25%

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