New Issue: Wells Fargo prices $2.16 million enhanced growth notes linked to iShares MSCI EM

By Angela McDaniels

Tacoma, Wash., Sept. 2 - Wells Fargo & Co. priced $2.16 million of 0% enhanced growth securities due March 6, 2015 with upside participation to a cap and fixed percentage buffered downside protection linked to the iShares MSCI Emerging Market index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any increase in the exchange-traded fund's share price, subject to a maximum return of 40%. 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 MSCI Emerging Market index fund
Amount:	$2,157,000
Maturity:	March 6, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any fund gain, up to maximum return of 40%; par if fund declines by 15% or less; 1% loss for every 1% that fund declines beyond 15%
Initial share price:	$42.72
Pricing date:	Aug. 31
Settlement date:	Sept. 8
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986REZ0

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