New Issue: UBS prices $4.28 million return optimization notes linked to basket of five stocks

By Toni Weeks

San Luis Obispo, Calif., April 29 - UBS AG, London Branch priced $4.28 million of 0% return optimization securities due May 29, 2015 linked to a basket of equally weighted common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket stocks are Applied Materials, Inc., Autodesk, Inc., Boeing Co., Oracle Corp. and United Rentals, Inc.

If the basket return is positive, the payout at maturity will be par of $10 plus triple the basket return, subject to a maximum return of 16.5%. If the basket return is negative, investors will have one-to-one exposure to the decline.

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

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying stocks:	Applied Materials, Inc. (Symbol: AMAT), Autodesk, Inc. (Symbol: ADSK), Boeing Co. (Symbol: BA), Oracle Corp. (Symbol: ORCL) and United Rentals, Inc. (Symbol: URI), equally weighted
Amount:	$4,277,000
Maturity:	May 29, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any gain in the basket, capped at 16.5%; otherwise, full exposure to losses
Initial prices:	$18.62 for Applied Materials, $47.00 for Autodesk, $128.66 for Boeing, $39.45 for Oracle and $92.35 for United Rentals
Pricing date:	April 25
Settlement date:	April 30
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90272V707

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