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UBS Warburg Creates Strategic Advisory Group

| Media Releases Americas

UBS Warburg announced today that it has created a Strategic Advisory Group to strengthen its investment banking relationships with Fortune 500 companies. Drawing upon empirical research and leading finance theory, the Strategic Advisory Group will assist corporate clients in evaluating the impact on shareholder value of their financial policy, acquisition strategy and business portfolio composition. Justin Pettit will head the new team as an executive director supporting all U.S. industry sectors.

Prior to joining the firm, Mr. Pettit served as a partner at Sterns Stewart & Co. where he was responsible for advising clients on matters of corporate finance, value based strategy and operations.

Justin and his team will help our investment bankers provide best in class financial advice to our clients," said Ken Moelis, head of Investment Banking for the Americas. "We are committed to using proven finance theory and empirically rigorous analysis for the benefit of our clients.

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