New Issue: Wells Fargo sells $8.6 million three-year enhanced growth notes linked to index basket

By Susanna Moon

Chicago, Aug. 3 - Wells Fargo & Co. priced $8.6 million of 0% enhanced growth securities due Aug. 7, 2013 based on the performance of a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 45% weight, the MSCI EAFE index with a 20% weight, the MSCI Emerging Markets index with a 20% weight and the Russell 2000 index with a 15% weight.

The payout at maturity will be par plus 1.25 times any basket gain, up to a maximum payout of $1,360 per $1,000 principal amount.

Investors will receive par for losses up to 15% and will share in any losses beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying indexes:	S&P 500 (45% weight), MSCI EAFE (20% weight), MSCI Emerging Markets (20% weight) and Russell 2000 (15% weight)
Amount:	$8,601,000
Maturity:	Aug. 7, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any basket gain, capped at 36%; exposure to losses beyond 15%
Initial index levels:	1,101.60 for S&P; 1,474.91 for MSCI EAFE; 650.89 for Russell; 991.41 for MSCI Emerging Markets
Pricing date:	July 30
Settlement date:	Aug. 6
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986RAF8

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