New Issue: Wells Fargo prices $4.07 million enhanced growth notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 2 - Wells Fargo & Co. priced $4.07 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 S&P 500 index, 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 index, subject to a maximum return of 47%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Wells Fargo Securities, LLC is the agent.

Issuer:	Wells Fargo & Co.
Issue:	Enhanced growth securities
Underlying index:	S&P 500
Amount:	$4,068,000
Maturity:	March 6, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, up to maximum return of 47%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	1,218.89
Pricing date:	Aug. 31
Settlement date:	Sept. 8
Agent:	Wells Fargo Securities, LLC
Fees:	2.25%
Cusip:	94986REY3

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