New Issue: UBS prices $260,000 return optimization securities linked to Whiting Petroleum

New York, Dec. 28 – UBS AG, London Branch priced $260,000 of return optimization securities due Jan. 5, 2017 linked to the common stock of Whiting Petroleum Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If Whiting Petroleum stock closes at or above the initial price, the payout at maturity will be par plus two times any gain in common stock of Whiting Petroleum capped at 110.94%.

Investors will share in any losses.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying stock:	Whiting Petroleum Corp. (NYSE: WLL)
Amount:	$260,000
Maturity:	Jan. 5, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times any gain in common stock of Whiting Petroleum, capped at 110.94%; otherwise, exposure to any losses
Initial share price:	$8.81
Pricing date:	Dec. 28
Settlement date:	Dec. 31
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90275M589

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