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Published on 2/26/2008 in the Prospect News Structured Products Daily.

New Issue: UBS prices $1.45 million principal protection notes tied to UBS Bloomberg commodity index

By Angela McDaniels

Tacoma, Wash., Feb. 26 - UBS AG priced $1.45 million of zero-coupon 100% principal protection notes due Feb. 28, 2013 linked to the UBS Bloomberg Constant Maturity Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 105% of any index gain. Investors will receive at least par.

UBS Investment Bank is the underwriter.

Issuer:UBS AG
Issue:100% principal protection notes
Underlying index:UBS Bloomberg Constant Maturity Commodity
Amount:$1,449,000
Maturity:Feb. 28, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 105% of any index gain; floor of par
Initial index level:1,396.06
Pricing date:Feb. 22
Settlement date:Feb. 29
Underwriter:UBS Investment Bank
Fees:0.5%

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