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Published on 8/16/2011 in the Prospect News Structured Products Daily.

New Issue: UBS prices $199,985 8.07% trigger yield optimization notes on GE

By Jennifer Chiou

New York, Aug. 16 - UBS AG, London Branch priced $199,985 of 8.07% trigger yield optimization notes due Aug. 19, 2013 linked to General Electric Co. shares, 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 General Electric stock.

The payout at maturity will be par in cash unless the final price of General Electric stock is less than 77% of the initial share price, in which case investors will receive one General Electric 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:General Electric Co. (NYSE: GE)
Amount:$199,985.45
Maturity:Aug. 19, 2013
Coupon:8.07%, payable monthly
Price:Par of $16.15
Payout at maturity:If final share price is less than trigger price, one General Electric share; otherwise, par
Initial share price:$16.15
Trigger price:$12.44, 77% of initial price
Pricing date:Aug. 16
Settlement date:Aug. 19
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.68%
Cusip:90268C366

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