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William Drewry to join UBS as Managing Director in its Global Media Banking Sector

New York Media Releases Americas

UBS announced today that William Drewry has agreed to join as a Managing Director in the Media Investment Banking Sector. Mr. Drewry will be based in Atlanta and will report to Navid Mahmoodzadegan, Global Head of Media Investment Banking.

Mr. Drewry, 43, will join UBS from Credit Suisse where he was a Managing Director and Global Head of Media Research. He joined Credit Suisse from PaineWebber in 1998. Mr. Drewry has been a top-rated analyst in Institutional Investor's rankings in each of the past ten years. He was awarded the #2 analyst position for media and entertainment in 2006.

"I'm very excited that Bill has agreed to join UBS," said Navid Mahmoodzadegan. "As a top-ranked media analyst, Bill has deep knowledge of the sector and strong relationships throughout the industry. We look forward to the value he will add to the team."

Mr. Drewry earned his BA in history from Old Dominion University.

UBS is one of the world's leading financial firms, serving a discerning global client base. As an organization, it combines financial strength with an international culture that embraces change. As an integrated firm, UBS creates added value for clients by drawing on the combined resources and expertise of all its businesses.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking.

UBS is present in all major financial centers worldwide. It has offices in 50 countries, with about 39% of its employees working in the Americas, 35% in Switzerland, 16% in the rest of Europe and 10% in Asia Pacific. UBS's financial businesses employ some 78,000 people around the world. Its shares are listed on the SWX Swiss Stock Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).


Doug Morris: +1-212-882-5694

New York, March, 6, 2007