New Issue: Wells Fargo prices $3.84 million enhanced growth securities on S&P 500

By Jennifer Chiou

New York, Sept. 2 - Wells Fargo & Co. priced $3.84 million of 0% enhanced growth securities due March 8, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum return of 32%. Investors will receive par for losses up to 10% and will share in losses beyond 10%.

Wells Fargo Securities, LLC is the underwriter.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying index:	S&P 500
Amount:	$3.84 million
Maturity:	March 8, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, up to maximum return of 32%; investors will receive par for losses up to 10% and will share in losses beyond 10%.
Initial index level:	1,049.33
Pricing date:	Aug. 31
Settlement date:	Sept. 8
Underwriter:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RAQ4

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