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Published on 4/4/2012 in the Prospect News Structured Products Daily.

Wells Fargo to price market-linked notes due 2018 linked to the Dow

By Angela McDaniels

Tacoma, Wash., April 4 - Wells Fargo & Co. plans to price 0% market-linked notes due November 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the greater of the minimum return and the index return. The minimum return is expected to be 3% to 6% and will be set at pricing.

If the final index level is less than or equal to the initial index level, the payout will be par plus the minimum return.

The final index level will be the average of the index's closing levels on the last trading day of each April and October, beginning October 2012 and ending October 2018.

The notes (Cusip: 94986RJH5) will price and settle in April.

Wells Fargo Securities, LLC is the agent.


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