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Published on 10/11/2011 in the Prospect News Structured Products Daily.

New Issue: UBS prices $99,959 13.34% trigger yield optimization notes linked to Starwood

By Toni Weeks

San Diego, Oct. 11 - UBS AG, London Branch priced $99,959 of 13.34% trigger yield optimization notes due Oct. 24, 2012 linked to the common stock of Starwood Hotels & Resorts Worldwide, Inc., 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 Starwood stock.

The payout at maturity will be par in cash unless the final price of Starwood stock is less than 70% of the initial share price, in which case investors will receive one Starwood 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:Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT)
Amount:$99,959
Maturity:Oct. 24, 2012
Coupon:13.34%, payable monthly
Price:Par of $43.88
Payout at maturity:If final share price is less than trigger price, one Starwood share; otherwise, par
Initial share price:$43.88
Trigger price:$30.72, 70% of initial price
Pricing date:Oct. 10
Settlement date:Oct. 13
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90268F831

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