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Alan Shearer signs with the Sports and Entertainment Group of UBS

| Media Releases Switzerland

UBS announces today that it has the support of former England football captain and Newcastle United star, Alan Shearer, strengthening its commitment to building a globally strong Sports and Entertainment Group. UBS aims to utilise Alan Shearer's experience to help the Sports and Entertainment Group raise UBS' profile amongst other professional sportsmen.

These clients' strongest earning power often falls over a limited period of time. With a detailed understanding of their requirements both in the short-term and the long-term, UBS can build a package of financial solutions that best suit its clients' needs. "We want our clients to make the most of their talent while we work carefully and quietly in the wings to ensure that the income generated by their success is converted into lasting wealth," states Neil Grainger, head of the Sports and Entertainment Group (SEG) in London.

London/Zurich, August 24, 2001
UBS AG