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Evan M. Newmark Joins UBS Warburg As Global Head of Technology Banking

| Media Releases Americas

UBS Warburg announced today that Evan M. Newmark will join the firm as a managing director and global head of the Technology Investment Banking group. Based in New York, Mr. Newmark will report to Jeffrey A. Sine, global head of Technology, Media and Telecommunications Investment Banking.

Until recently, Mr. Newmark was the chief executive officer of Vizzavi, the European consumer internet joint venture between Vivendi Universal SA and Vodafone Group plc. Mr. Newmark led the development of Vizzavi from its start-up in early 2000 into a pan-European technology business operating in eight countries. Prior to Vizzavi, Newmark was a managing director at Goldman Sachs & Co. in London where he led the firm's global wireless advisory business. While at Goldman, he advised on a number of landmark transactions including the IPO of NTT DoCoMo, Vodafone's merger with AirTouch Communications and the creation of Verizon Wireless, the joint venture between Verizon and Vodafone.

Evan's decision to join UBS Warburg is another example of our commitment to hire the best talent," said Sine. His industry experience both as technology entrepreneur and trusted corporate finance advisor will be a valuable resource for technology clients in the U.S. and around the world."

UBS Warburg is a business group of UBS (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. The firm is one of four business groups of UBS AG along with UBS PaineWebber, UBS Global Asset Management and UBS Switzerland.


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Inquiries: Denise M. Kazmier: +1 212-713-3090 of UBS Warburg