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Ian Pereira to join UBS as Joint Global Head of Technology Mergers & Acquisitions

| Media Releases Americas

UBS announced today that Ian Pereira has agreed to join the firm's Investment Banking Division as a Managing Director and Joint Global Head of Technology Mergers & Acquisitions. Mr. Pereira will be based in San Francisco.

New York, June 9, 2004 -- UBS announced today that Ian Pereira has agreed to join the firm's Investment Banking Division as a Managing Director and Joint Global Head of Technology Mergers & Acquisitions. Mr. Pereira will be based in San Francisco.

Mr. Pereira will join from Morgan Stanley where he serves as head of Morgan Stanley's Western Region Mergers & Acquisitions Group. Ian has worked with a broad group of clients.

"We're very pleased that Ian has agreed to join UBS," said Ken Moelis, Joint Global Head of Investment Banking. "Ian brings a wealth of expertise in M&A and he will also help accelerate our growing market share in Technology investment banking."

Mr. Pereira graduated from King's College, University of London in 1981 and earned his M.B.A. from Columbia University in 1987 whereupon he joined Morgan Stanley.

UBS is one of the world's leading financial firms, combining financial strength with a reputation for innovation and a global culture that embraces change.
UBS is the world's largest wealth manager, a premier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking.

UBS, headquartered in Zurich and Basel, employs around 66,000 people, and has operations in over 50 countries and in all major financial centers.


Inquiries: Kristopher A. Kagel: +1 212-713-8703 of UBS