Corporate Actions



2007	Cancellation of 33,020,000 shares* (repurchased under the 2006/2007 program), representing a total cost of CHF 2,415 million, as of 29 June 2007.


2006	Share split 2:1, effective 10 July 2006. This reduced the par value per share from CHF 0.20 to CHF 0.10.
	Par value repayment distribution of CHF 0.30 per share* as of 12 July 2006.
	Cancellation of 74,200,00 shares* (repurchased under the 2005/2006 program), representing a total cost of CHF 4,026 million, as of 5 July 2006.


2005	Cancellation of 79,870,188 shares* (repurchased under the 2004/2005 program), representing a total cost of CHF 3,543 million, as of 8 July 2005.


2004	Cancellation of 118,964,000 shares* (repurchased under the 2003/2004 program), representing a total cost of CHF 4,516 million, as of 30 June 2004.


2003	Cancellation of 151,940,160 shares* (repurchased under the two 2002/2003 programs), representing a total cost of CHF 5,529 million, as of 10 July 2003.


2002	Par value repayment distribution of CHF 1.00 per share* as of 10 July 2002. This reduced the par value per share to CHF 0.80.
	Cancellation of 57,639,380 shares* (repurchased under the 2001/2002 program), representing a total cost of CHF 2,290 million, as of 5 July 2002.


2001	Par value repayment distribution of CHF 0.27 per share* for the 9 months period 2000, as of 18 July 2001. This reduced the par value per share to CHF 2.80.
	Cancellation of 110,530,698 shares* (repurchased under the 2000/2001 program), representing a total cost of CHF 4,000 million, as of 16 July 2001.
	Share split 3:1, effective 16 July 2001. This reduced the par value per share from CHF 10.00 to CHF 3.33.


2000	Issuance of 72,000,000 new shares* from authorized capital on 7 November 2000 to finance the PaineWebber acquisition.
	Share split 2:1, effective 8 May 2000. This reduced the par value per share from CHF 20.00 to CHF 10.00.
	Creation of Global Registered Share, Listing on NYSE on 16 May 2000.

1998 Merger between Union Bank of Switzerland and Swiss Bank Corporation creating UBS AG

1	Registered share of Union Bank of Switzerland (par value CHF 20)	into 1	Registered share UBS AG (par value CHF 20)
1	Bearer share of Union Bank of Switzerland (par value CHF 100)	into 5	Registered share UBS AG (par value CHF 20)
1	Registered share of Swiss Bank Corporation (par value CHF 40)	into 1 1/13	Registered share UBS AG (par value CHF 20)