New Issue: UBS prices $199,987 19.62% trigger yield optimization notes on Yahoo!

By Toni Weeks

San Diego, Sept. 22 - UBS AG, London Branch priced $199,987 of 19.62% annualized trigger yield optimization notes due Dec. 28, 2011 linked to the common stock of Yahoo! Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial price of Yahoo! stock.

The payout at maturity will be par in cash unless the final price of Yahoo! stock is less than 75% of the initial share price, in which case investors will receive one Yahoo! share per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Yahoo! Inc. (Nasdaq: YHOO)
Amount:	$199,987.05
Maturity:	Dec. 28, 2011
Coupon:	19.62%, payable monthly
Price:	Par of $13.99
Payout at maturity:	If final share price is less than trigger price, one Yahoo! share; otherwise, par
Initial share price:	$13.99
Trigger price:	$10.49, 75% of initial price
Pricing date:	Sept. 22
Settlement date:	Sept. 27
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.7%
Cusip:	90268D364

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