New Issue: UBS prices $1.83 million return optimization securities linked to oil

By Marisa Wong

Madison, Wis., May 30 - UBS AG, London Branch priced $1.83 million of 0% return optimization securities due July 3, 2014 linked to Brent crude oil futures contracts, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus two times any increase in the futures contract price, up to a maximum return of 22%.

Investors will be fully exposed to any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying asset:	Brent crude oil futures contracts
Amount:	$1,825,500
Maturity:	July 3, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus two times any gain in futures contract price, with return capped at 22%; full exposure to any losses
Initial price:	$104.23
Pricing date:	May 28
Settlement date:	May 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90271C569

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