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Brad Orgill appointed Branch Manager UBS Singapore

| Media Releases APAC

UBS AG, Singapore Branch has appointed Brad ORGILL as Singapore Branch Manager and Country Head. This allows previous incumbent, Robin TOMLIN to focus entirely on his responsibilities as Vice Chairman of UBS Asia.

Orgill, Head of Equities, Asia Pacific, is a member of the UBS Investment Bank Board; chairs the UBS Asia Risk and Governance committee, and until he decided to make Singapore his home earlier this year, was the UBS Branch Manager and Country Head for Hong Kong & China. An Australian native, he has been with the UBS group for 17 years - initially in Australia and then until 2003 for eight years in Hong Kong. Under his leadership UBS's Asia Pacific Equities business has consistently been the market leading franchise and rated #1.

"The capable talent that we have in Brad and Robin is indicative of the strength and depth of our team in Singapore. In their new roles we will be able to maximize their contributions to UBS in the best interests of our businesses, not only in Singapore but across the Asia Pacific," said Clive STANDISH, CEO of UBS in Asia Pacific

Tomlin will step back from his day-to-day management responsibilities as Branch Manager but will continue to champion cross-business cooperation in the region

"I would like to thank Robin for taking on the additional role of Singapore Country Head and Branch Manager over the last 15 months. As he focuses on his Vice-Chairman role in the region we will continue to benefit greatly from his long experience and wide range of contacts," said Standish.

UBS in Singapore directly employs approximately 750 individuals. With the inclusion of third-party vendor employees, the total is in excess of 1200.

Singapore, 17 September 2003
UBS