Comunicati stampa


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

| Media Releases Switzerland

As of Monday, 26 January 2004, 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

0.625%

0.875%

3 years

1.00%

1.25%

4 years

1.375%

1.625%

5 years

1.625%

1.875%

6 years

1.875%

2.125%

7 years

2.125%

2.375%

8 years

2.25%

2.50%

Time Deposit Accounts

Duration

New Rate

Old Rate

2 years

0.625%

0.875%

3 years

1.00%

1.25%

4 years

1.375%

1.625%

5 years

1.625%

1.875%

6 years

1.875%

2.125%

7 years

2.125%

2.375%

8 years

2.25%

2.50%

9 years

2.375%

2.625%

10 years

2.50%

2.75%

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



Zurich / Basel, 23 January 2004
UBS