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Published on 6/21/2012 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $18.13 million growth securities linked to Russell

By Toni Weeks

San Diego, June 21 - Wells Fargo & Co. priced $18.13 million of 0% growth securities with leveraged upside participation to a cap and fixed percentage buffered downside due June 26, 2014 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 150% of any index gain. Investors will receive par if the index declines by up to 15% and will be exposed to losses beyond the 15% buffer.

Wells Fargo Securities, LLC is the agent.

Issuer:Wells Fargo & Co.
Issue:Growth securities with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:Russell 2000
Amount:$18,125,000
Maturity:June 26, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain; par if index falls by up to 15%; exposure to losses beyond 15%
Initial level:786.43
Threshold level:668.47, 85% of initial level
Pricing date:June 19
Settlement date:June 26
Agent:Wells Fargo Securities, LLC
Fees:0.1%
Cusip:94986RKK6

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