Media Releases

Zurich / Basel, December 27, 2007, 11:45 AM

Extraordinary General Meeting of UBS on 27 February 2008

The Extraordinary General Meeting which UBS announced on 10 December 2007 will take place on 27 February 2008, beginning at 10:00 a.m., in the St. Jakobshalle in Basel.

UBS shareholders will receive further information and the agenda items in January 2008.

Zurich / Basel, December 10, 2007, 07:00 AM

UBS strengthens capital base and adjusts valuations

UBS has introduced measures to substantially strengthen its capital position, adding CHF 19.4 billion of BIS Tier 1 capital. These include an issue of CHF 13 billion of new capital. This has been placed with two strategic investors: Government of Singapore Investment Corporation Pte. Ltd. (GIC), with CHF 11 billion, and an undisclosed strategic investor in the Middle East with CHF 2 billion.

At the same time, UBS has revised key input parameters of the models that are used to estimate lifetime default and resulting losses for sub-prime mortgage pools. As a result of these revisions, UBS will write down its US sub-prime holdings by approximately a further USD 10 billion.

After these actions, UBS projects a strong BIS Tier 1 ratio of above 12%.

Zurich / Basel, October 30, 2007, 07:00 AM

UBS reports third quarter loss of CHF 726 million pre-tax, in line with announcement on 1 October 2007

Operating loss before tax and minority interests of CHF 726 million in third quarter, within the CHF 600-800 million range given on 1 October 2007 (after tax and minority interests, net loss attributable to shareholders was CHF 830 million) – Performance in first nine months of 2007 was solid, with net profit attributable to shareholders from continuing operations of CHF 7,713 million. – Markets remain uncertain, but based on current information, UBS should return to profitability at Group level in fourth quarter 2007. – As announced on 1 October 2007, the third quarter result includes substantial losses and writedowns on trading positions in US subprime residential mortgage-backed securities, leading to revenues of negative CHF 4.2 billion in the fixed income, currencies and commodities business in the Investment Bank. – UBS's businesses outside the affected areas of the Investment Bank showed sustained strength. The equity underwriting and corporate advisory businesses performed extremely well. Inflows of net new money in the wealth management businesses totaled CHF 40.2 billion this quarter. Fees in wealth and asset management remained high, driven by the level of invested assets, which stood at CHF 3.1 trillion on 30 September 2007.