UBS Declares Quarterly Coupon Payment on Exchange Traded Note: AMU

  UBS Declares Quarterly Coupon Payment on Exchange Traded Note: AMU

Business Wire

NEW YORK -- November 21, 2012

UBS Investment Bank  today announced a coupon payment for the ETRACS Alerian
MLP Index ETN (NYSE Arca: “AMU”). The relevant coupon information is provided
in the table below:

                                                                                                            
NYSE        ETN          Valuation      Ex-           Record        Payment      Coupon       Payment        Current Yield
Ticker           Name              Date                Date               Date               Date              Amount            Schedule            (annualized)*
                 ETRACS
                 Alerian
AMU         MLP          11/15/12       11/27/12      11/29/12      12/7/12      $0.3265      Quarterly      5.50%
                 Index
                 ETN
                                                                                                                                                     

* “Current Yield” equals the current Coupon Amount annualized and divided by
the closing price of the ETN on its current Coupon Valuation Date, or, if the
closing price is not available on that date, then the previous available
closing price, and rounded to two decimal places for ease of analysis. The
Current Yield is not indicative of future coupon payments, if any, on the ETN.
You are not guaranteed any coupon or distributionamount under the ETN.

About ETRACS

For further information about ETRACS ETNs, go to http://www.etracs.com.

Exchange Traded Access Securities ETNs (“ETRACS ETNs”), are exchange-traded
notes, an innovative class of investment products offering access to markets
and strategies that may not be readily available to investors, and offer
unique diversification opportunities in a number of different sectors. ETRACS
ETNs may offer:

  *Access to asset classes with historically low correlations to more
    traditional asset classes
  *Convenience of an exchange-traded security
  *Transparent exposure to a published index

ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on NYSE
Arca, and can be bought and sold through a broker or financial advisor. An
investment in ETRACS ETNs is subject to a number of risks, including the risk
of loss of some or all of the investor’s principal, and is subject to the
creditworthiness of UBS AG. You are not guaranteed any coupon or distribution
amount under the ETNs. We urge you to read the more detailed explanation of
risks described under “Risk Factors” in the prospectus supplement for the
ETRACS ETN.

This material is issued by UBS AG or an affiliate thereof ("UBS"). Products
and services mentioned in this publication may not be available for residents
of certain jurisdictions.Past performanceis not necessarily indicative of
future results.Please consult the restrictions relating to the product or
service in question for further information. Activities with respect to US
securities are conducted through UBS Securities LLC, a US broker/dealer.
Member of SIPC (http://www.sipc.org/).

The contents of any website referred to in this communication are not part of,
or incorporated by reference in, this communication. ETRACS ETNs are sold only
in conjunction with the relevant offering materials. UBS has filed a
registration statement (including a prospectus, as supplemented by prospectus
supplement for the offering of the ETRACS ETN) with the Securities and
Exchange Commission (the “SEC”) for the offering to which this communication
relates. Before you invest, you should read these documents and any other
documents that UBS has filed with the SEC for more complete information about
UBS and the offering to which this communication relates. You may get these
documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, you can request the prospectus and the applicable prospectus
supplement by calling toll-free (+1 877-387-2275). In the US, securities
underwriting, trading and brokerage activities and M&A advisor activities are
provided by UBS Securities LLC, a registered broker/dealer that is a wholly
owned subsidiary of UBS AG, a member of the New York Stock Exchange and other
principal exchanges, and a member of SIPC. UBS Financial Services Inc. is a
registered broker/dealer and affiliate of UBS Securities LLC. Past performance
is not necessarily indicative of future results.

UBS specifically prohibits the redistribution or reproduction of this material
in whole or in part without the prior written permission of UBS and UBS
accepts no liability whatsoever for the actions of third parties in this
respect. © UBS 2012. The key symbol, UBS and ETRACS are among the registered
and unregistered trademarks of UBS. Alerian MLP Index, Alerian MLP Total
Return Index, AMZ, and AMZX are trademarks of Alerian and their use is granted
under a license from Alerian. Other marks may be trademarks of their
respective owners. All rights reserved.

Notes to Editors

UBS draws on its 150-year heritage to serve private, institutional and
corporate clients worldwide, as well as retail clients in Switzerland. We
combine our wealth management, investment banking and asset management
businesses with our Swiss operations to deliver superior financial solutions.

UBS is present in all major financial centers worldwide. It has offices in
over 50 countries, with about 37% of its employees working in the Americas,
37% in Switzerland, 16% in the rest of Europe and 10% in Asia Pacific. UBS
employs about 65,000 people around the world. Its shares are listed on the SIX
Swiss Exchange and the New York Stock Exchange (NYSE).

www.ubs.com/media

Contact:

UBS AG
New York:
Megan Stinson, +1-212-713-1302
or
Judi Flynn-Echeverria, +1-917-902-9726
or
Follow us on Twitter at: www.ubs.com/twitteramericas
 
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