UBS plans issue of 0% enhanced appreciation notes linked to Amex Gold Bugs

By Angela McDaniels

Seattle, Aug. 31 - UBS AG plans to price an issue of 0% enhanced appreciation notes linked to the Amex Gold Bugs index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to price on Sept. 21 and to mature on or about Sept. 28, 2007.

Payout at maturity will be par plus triple any gain on the index. The payout will be capped at between 26.25% and 29.25%, with the exact cap to be determined at pricing.

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

UBS Investment Bank and UBS Financial Services Inc. will be the underwriters.

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