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Published on 9/12/2007 in the Prospect News Structured Products Daily.

UBS plans return optimization notes linked to Nikkei 225

By Susanna Moon

Chicago, Sept. 12 - UBS AG plans to price an offering of 0% return optimization securities due March 31, 2009 linked to the Nikkei 225 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price on Sept. 25 and settle on Sept. 28.

The payout at maturity will be par of $10 plus five times any increase in the index, subject to a maximum gain that is expected to be 30.5% to 32.5%, with the exact level to be set at pricing.

Investors will be fully exposed to any decline in the index.

UBS Investment Bank and UBS Financial Services Inc. will underwrite the offering.


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