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Published on 3/1/2013 in the Prospect News Structured Products Daily.

New Issue: Wells Fargo prices $3.4 million buffered enhanced return notes linked to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., March 1 - Wells Fargo & Co. priced $3.4 million of 0% buffered enhanced return securities with upside participation to a cap and buffered downside with multiplier linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The maturity date is March 4, 2015.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 200% of the index return, subject to a maximum return of 22.8%. Investors will receive par if the index declines by 15% or less and will lose 1.17647% for every 1% that it declines beyond 15%.

Wells Fargo Securities LLC is the agent.

Issuer:Wells Fargo & Co.
Issue:Buffered enhanced return securities with upside participation to a cap and buffered downside with multiplier
Underlying index: MSCI EAFE
Amount:$3,398,000
Maturity:March 4, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, subject to maximum return of 22.8%; par if index declines by 15% or less; 1.17647% loss for every 1% that index declines beyond 15%
Initial index level: 1,651.11
Threshold level:1,403.4435, 85% of initial level
Pricing date:Feb. 27
Settlement date:March 6
Agent:Wells Fargo Securities LLC
Fees:None
Cusip:94986RNH0

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