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UBS Warburg Announces the Creation of the Global 50 Highlighted Stocks List

| Media Releases Americas

UBS Warburg today announces the creation of the Global 50 Highlighted Stocks list. This list replaces the Highlighted Stocks list and the Global 40 Portfolio. The Global 50 Highlighted Stocks are:

ABN-AMRO (AAH.AS)
Accor (ACCP.PA)
Alcoa (AA.N)
AMR (AMR.N)
AOL Time Warner (AOL.N)
Aventis (AVEP.PA)
BEA Systems (BEAS.Q)
Bed Bath & Beyond (BBBY.Q)
Carrefour (CARR.PA)
Cisco (CSCO.Q)
Citigroup (C.N)
Coca-Cola (KO.N)
Credit Suisse Group (CSGZn.VX)
Fifth Third Bancorp (FITB.Q)
FleetBoston Financial (FBF.N)
Foster's Group (FGL.AX)
Freddie Mac (FRE.N)
Generali (GASI.MI)
Hartford Financial (HIG.N)
Home Depot (HD.N)
IBM (IBM.N)
Intel (INTC.Q)
ITT (ITT.N)
Lafarge (LAFP.PA)
Liberty Media (L.N)
Medtronic (MDT.N)
Microsoft (MSFT.Q)
Minnesota Mining & Manufacturing (MMM.N)
Mitsubishi (8058.TK)
Nissan Motor (7201.TK)
Nokia (NOK1V.HE)
Pepsico (PEP.N)
Pfizer (PFE.N)
Pharmacia (PHA.N)
POSCO (05490.KS)
Royal Bank of Scotland (RBOS.L)
Samsung Electronics (05930.KS)
SAP AG (SAPG.DE)
SBC Communications (SBC.N)
Serono (SEOZ.VX)
Statoil ASA (STL.OL)
Suez (LYOE.PA)
Taiwan Semiconductor (2330.TW)
Telecom Italia (TIT.MI)
TotalFinaElf* (TOTF.PA)
Unilever (ULVR.L)
Union Pacific (UNP.N)
Vodafone (VOD.L)
Wal Mart Stores (WMT.N)
Wells Fargo (WFC.N)

UBS Warburg is the investment banking group of UBS AG (NYSE: UBS), one of the largest financial services firms in the world with 71,000 employees in more than 40 countries. UBS Warburg is a leader in equities, corporate finance, M&A advisory and financing, financial structuring, fixed income issuance and trading, foreign exchange, derivatives and risk management.

CONTACT: Amy Rosenberg of UBS Warburg, +1-212-713-8510