Wells Fargo plans enhanced growth securities linked to Russell 2000

By Susanna Moon

Chicago, May 12 - Wells Fargo & Co. plans to price 0% enhanced growth securities with capped upside due August 2012 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.75 times any index gain, up to a maximum return of $1,160 to $1,200 per $1,000 principal amount.

Investors will share in any losses.

Wells Fargo Securities, LLC is the agent.

The notes will settle in June.

The Cusip is 94986RDP3.

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