Comunicati stampa


Reduction of interest rate for UBS Time Deposit Accounts and Medium-Term Bonds

| Media Releases Switzerland

As of Friday, 2 November 2001, the following interest rates shall apply to UBS Time Deposit Accounts and Medium-Term Bonds.

Medium-term bonds

Duration

New Rate

Old Rate

2 years

1.75 %

2.00 %

3 years

2.00 %

2.25 %

4 years

2.25 %

2.25 %

5 years

2.25 %

2.50 %

6 years

2.50 %

2.75 %

7 years

2.50 %

2.75 %

8 years

2.75 %

3.00 %

Time deposit accounts

Duration

New Rate

Old Rate

2 years

1.75 %

2.00 %

3 years

2.00 %

2.25 %

4 years

2.25 %

2.25 %

5 years

2.25 %

2.50 %

6 years

2.50 %

2.75 %

7 years

2.50 %

2.75 %

8 years

2.75 %

3.00 %

9 years

2.75 %

3.00 %

10 years

2.75 %

3.00 %

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

Zurich / Basel, 1 November 2001
UBS AG