New Issue: Wells Fargo prices $7.03 million enhanced growth notes linked to real estate ETF

By Angela McDaniels

Tacoma, Wash., Jan. 3 - Wells Fargo & Co. priced $7.03 million of 0% enhanced growth securities due July 8, 2013 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any increase in the exchange-traded fund's share price, subject to a maximum return of 35%. Investors will receive par if the share price declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying ETF:	iShares Dow Jones U.S. Real Estate index fund
Amount:	$7,032,000
Maturity:	July 8, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 35%; par if fund falls by 15% or less; 1% loss for every 1% decline beyond 15%
Initial share price:	$55.96
Pricing date:	Dec. 29
Settlement date:	Jan. 5
Agent:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	94986RBT7

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