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UBS hosts tenth annual global communications conference

New York Media Releases Americas

UBS's Tenth Annual Global Communications Conference begins today at the Grand Hyatt in New York City and runs through Thursday, November 17. The conference will feature presentations from chief executive officers and senior managers representing more than 50 global telecommunications services and technology companies.

The global communications industry has undergone radical changes in telecommunications including the impact of deregulation, consolidation and new technologies. The outlook for the next few years will give rise to new markets, heightened competition and a wealth of new companies, products, and services. The UBS Global Communications Conference will provide investors with insight on opportunities and challenges facing the industry.

"The entire communications food-chain - service providers, equipment suppliers, component manufacturers and contract manufacturers - will be presenting at the UBS Communications Conference,"said UBS Wireline Equipment and Data Networking analyst Nikos Theodosopoulos. "Its unique format will help investors better understand the changing regulatory environment and the emergence of industry-changing services and technologies including WiMax, 3G, VoIP and IPTV."

The Global Communications Conference underscores UBS's comprehensive approach to covering the Communications industries, with approximately 100 communications and communications technology companies covered by 30 communications analysts.

Online conference information To access audio transmissions and the conference agenda please go to the UBS Investment Bank website at Audio transmissions of company presentations will be available live and by replay.

UBS Investment Bank is a business group of UBS AG (NYSE: UBS), one of the world's leading financial firms. The investment banking and securities business is among the select bracket of major global houses, providing a full range of products to institutional and corporate clients, intermediaries, governments and hedge funds. UBS employs around 70,000 people in 50 countries and is listed on the New York, Tokyo and Zurich stock exchanges.

Inquiries: Allison Chin-Leong +1-212-882-5693

New York, November 15, 2005