New Issue: UBS sells $13.86 million 10.21% trigger yield optimization notes on Anadarko stock

By Susanna Moon

Chicago, Jan. 19 - UBS AG, London Branch priced $13.86 million of 10.21% trigger yield optimization notes due July 20, 2011 based on the performance of Anadarko Petroleum Corp. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Each note has a face amount of $79.48, which is equal to the initial share price of Anadarko stock.

Interest is payable monthly.

The payout at maturity will be par unless the final share price is less than 80% of the initial share price, in which case the payout will be one Anadarko share per note.

UBS Financial Services Inc. and UBS Securities Inc. are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Anadarko Petroleum Corp. (Symbol: APC)
Amount:	$13,862,265.76
Maturity:	July 20, 2011
Coupon:	10.21%, payable monthly
Price:	Par of $79.48
Payout at maturity:	If final share price is less than trigger price, one Anadarko share; otherwise, par
Initial share price:	$79.48
Trigger price:	$63.58, or 80% of initial price
Pricing date:	Jan. 14
Settlement date:	Jan. 21
Agents:	UBS Financial Services Inc. and UBS Securities Inc.
Fees:	1%
Cusip:	90267F469

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