A320 ON DEP FROM ORD HAS #1 ENG FAILURE AFTER LEVELING AT 5000 FT; RETURNED TO DEP ARPT SUCCESSFULLY.

Narrative

ACFT ARRIVED FROM MAINT RUNUP. NORMAL PUSH DELAYED FOR MAINT RELEASE. SINGLE ENG TAXI TO RWY 27L. NORMAL TKOF RWY 27L. FLEX 61. AT FIRST THRUSTS CHANGE AT ABOUT 1600 FT; HAD SMALL YAW AND SLIGHT ENG SYNC DIFFERENTIAL WHICH RESOLVED ON OWN WITHIN 2-3 SECONDS. MADE MENTAL NOTE TO RESELECT MCT OUT OF 10000 FT TO CONFIRM FADEC #1 WORK DONE BY MAINT PRIOR TO FLT NOT THE PROB. ENG DECIDED TO FAIL ON OWN. WHILE LEVELING AT 5000 FT IN ALT; WE WERE RECLRED TO 6000 FT AND I CALLED FOR MANAGED SPD. AS THRUST CAME BACK UP; WE GOT ENG #1 VANE ECAM WITH MASTER CAUTION LIGHT FOLLOWED SHORTLY THEREAFTER BY COMPRESSOR STALLING AND SURGE WITH RED EGT (OBS 725 MOMENTARILY). ECAM WAS STILL THINKING SO I RETARDED #1 THROTTLE AND THEN WE RAN ECAM PROC; ELECTING TO SHUT DOWN ENG; BUT NO DAMAGE NOTED SO WE DID NOT USE FIRE PROC 'OT' BOTTLES. GOT DELAY VECTORS; ACARS'ED DISPATCH; TALKED TO FLT ATTENDANTS AND PAX AND RETURNED FOR ILS RWY 14R. GOT CONTINUOUS CHANGING ECAMS FOR #1 ENG SO WE FINALLY TURNED OFF AUTOTHRUST WHICH SEEMED TO RESOLVE PROB. AT ABOUT 1500 FT AGL; THE AUTOPLT SEEMED TO BE HAVING A HARD TIME TRIMMING OUT YAW DUE TO HIGH PWR SETTING TO PICK UP AIRSPD; SO I HAND FLEW THE REMAINDER OF THE APCH AND LNDG. TURNED OFF AT TXWY M AND TXWY T; THEN HELD WHILE WE GOT OK TO TAXI ON THE #2 ENG AND GOT A GATE.