New Issue: UBS prices $4.24 million trigger autocallable securities on light sweet crude oil

By Marisa Wong

Madison, Wis., Oct. 15 - UBS AG, London Branch priced $4.24 million of 0% trigger autocallable optimization securities due Oct. 23, 2013 linked to a light sweet crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

If the closing price is at or above the initial price on any quarterly observation date, the notes will be called at par plus an annualized call return of 12.6%.

If the notes are not called and the final price is greater than or equal to 80% of the initial price, the payout at maturity will be par. Otherwise, investors will share fully in losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying commodity:	Light sweet crude oil futures contract
Amount:	$4,236,000
Maturity:	Oct. 23, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final price is greater than or equal to trigger price, par; otherwise, full exposure to losses
Call:	At par 12.6% per year if closing price is at or above initial price on any quarterly observation date
Initial price:	$91.86
Trigger price:	$73.49, 80% of initial price
Pricing date:	Oct. 12
Settlement date:	Oct. 17
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.5%
Cusip:	90269V611

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