UBS Investor Event 2006
Zurich, May 31-June 1, 2006

Last year's investor event took place on Wednesday, May 31, and Thursday, June 1, 2006, in Zurich. The event was divided into two parts: Investor Day on May 31 and Product Day on June 1.

Presentations

Investor Day, May 31, 2006 - Download Presentations

Investor Day focused exclusively on our Global Wealth Management Business. The program featured presentations from senior management offering a front to back look into our WM business across the globe.

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Product Day, June 1, 2006 - Download Presentations

Product Day highlighted areas of particular interest to investors. Our Product specialists and business experts shared their technical, market, and product knowledge. Topical issues and areas that were covered are Fixed Income, Capital Management, China, IBD, the Swiss Mortgage Market, and UBS - the Brand. The day also featured presentations on the UBS Dynamic Alpha product offering, Global Investment Solutions and Private Equity product offerings.

Caution regarding forward-looking statements:


This communication contains statements that constitute „forward-looking statements", including, but not limited to, statements relating to the implementation of strategic initiatives, such as the European wealth management business, and other statements relating to our future business development and economic performance.

While these forward-looking statements represent our judgments and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations.

These factors include, but are not limited to, (1) general market, macro-economic, governmental and regulatory trends, (2) movements in local and international securities markets, currency exchange rates and interest rates, (3) competitive pressures, (4) technological developments, (5) changes in the financial position or credit worthiness of our customers, obligors and counterparties and developments in the markets in which they operate, (6) legislative developments, (7) management changes and changes to our Business Group structure and (8) other key factors that we have indicated could adversely affect our business and financial performance which are contained in other parts of this document and in our past and future filings and reports, including those filed with the SEC.

More detailed information about those factors is set forth elsewhere in this document and in documents furnished by UBS and filings made by UBS with the SEC, including UBS's Annual Report on Form 20-F for the year ended 31 December 2003. UBS is not under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking statements whether as a result of new information, future events, or otherwise.