UBS NEW ISSUE Stable Income & Full Upside: 5% p.a. CHF Kick-In GOAL with Participation on Nestlé, Roche, Zurich Insurance Freitag, 09. November 2012 - 13:29

UBS NEW ISSUE Stable Income & Full Upside: 5% p.a. CHF Kick-In GOAL with Participation on Nestlé, Roche, Zurich Insurance

Dear Investor,

Have you ever missed a coupon payment in a participation product? Or the possibility to fully participate in the positive underlying performance in a Kick-In GOAL investment?

The new 5% p.a. Kick-In GOAL with Participation on Nestlé, Roche, Zurich Insurance has it all, combining the best and most wanted features in one product:

- Stable Income: 5% p.a. Coupon, paid annually - Full upside: 100% participation in the performance of the underlying basket - Contingent Capital Protection: Defensive Barrier Levels (55% - 60%)

- Issuer UBS AG, London - Maturity 3 years - Currency CHF - Underlying Nestlé / Roche / Zurich Insurance - Coupon 5% p.a., paid annually - Barrier 55% - 60% (observed on worst performer) - Upside Participation 100% on basket performance - Valor 19994048 - SIX Symbol UPSDE

Subscription Period: Until 23 November 2012, 3 p.m. CET The Product The Kick-In GOAL with Participation combines a fix coupon payment with full upside participation in the underlying basket. This comes with a contingent capital protection as long as none of the underlyings ever trade at or below the barrier during the lifetime of the product. Positioning 1) If you have a positive view on the Underlyings, you may focus on the full upside potential while still receiving a coupon payment in any case. 2) If your view on the Underlyings is neutral, the Coupon offers an attractive yield enhancement in sideways or slightly positive/negative markets. Should the performance positively surprise, you still participate at 100% on the underlying basket performance.

Please have a look at the attached termsheet and product description for further information.With kind regards,

UBS AG IPS CM Structured Products