UBS plans issue of 0% market performance notes linked to Dow Jones - AIG Commodity index

By Jennifer Chiou

New York, Jan. 9 - UBS AG plans to price an issue of 0% market performance securities due January 2012 with partial protection linked to the Dow Jones - AIG Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.

The index is comprised of 19 futures contracts on physical commodities traded on U.S. exchanges, with the exception of aluminum, nickel and zinc contracts, which trade on the London Metal Exchange.

Payment at maturity will be par of $10.00 plus any positive return on the basket multiplied by the participation rate, which is expected to be between 142% and 156% and will be determined at pricing. Investors will participate in any loss on the basket beyond 20%.

UBS Investment Bank will be the underwriter.

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