New Issue: UBS prices $406,932 of 16.34% trigger yield optimization notes linked to Halliburton

By Jennifer Chiou

New York, Oct. 19 - UBS AG, London Branch priced $406,932 of 16.34% annualized trigger yield optimization notes due April 19, 2012 linked to Halliburton Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is equal to the initial price of Halliburton stock.

Interest is payable monthly.

The payout at maturity will be par in cash unless the stock finishes below the trigger level - 70% of the initial share price - in which case investors will receive one Halliburton 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:	Halliburton Co. (NYSE: HAL)
Amount:	$406,932.68
Maturity:	April 19, 2012
Coupon:	16.34%, payable monthly
Price:	Par of $33.88
Payout at maturity:	If stock finishes below trigger price, one Halliburton share; otherwise, par
Initial share price:	$33.88
Trigger price:	$23.72, 70% of initial price
Pricing date:	Oct. 19
Settlement date:	Oct. 24
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.9%
Cusip:	90267N587

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