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UBS raises interest rates for Time Deposit Accounts and Medium-Term Bonds as well as retirement accounts

Zurich/Basel | | Media Releases Switzerland

UBS is increasing interest rates for UBS Time Deposit Accounts and Medium-Term-Bonds as well as for its retirement savings accounts.

For UBS Time Deposit Accounts and Medium-Term Bonds the changes will come into effect on 15 April 2008.

As of Tuesday, 15 April 2008 the following interest rates shall apply:

Duration

New Rate

Difference

2 years

2.750%

+0.375%

3 years

2.750%

+0.250%

4 years

2.750%

+0.250%

5 years

2.875%

+0.250%

6 years

2.875%

+0.125%

7 years

3.000%

+0.125%

8 years

3.000%

+0.125%

9 years

3.125%

+0.125%

Only valid for Time Deposit Accounts

10 years

3.125%

+0.125%

Only valid for Time Deposit Accounts

For the retirement savings accounts UBS Fisca account (pillar 3a) and UBS unrestricted retirement account 3b the changes will come into effect on 1 May 2008.

Starting 1 May 2008, the following interest rates will apply:

new

previously

UBS Fisca account

2,25%

2,00%

UBS unrestricted retirement account 3b

2,25%

2,00%


We therefore request that you take the new interest rates into account when compiling tables in the finance section of your newspaper.

UBS