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Lorraine George Harik to Join UBS Wealth Management US

New York Media Releases Americas

UBS announced today that Lorraine George Harik will join UBS Wealth Management US as a Senior Client Advisor in the Private Bank. Harik will join as Managing Director and will report to Frank Minerva, Managing Director and Head of the New York Private Wealth Management office.

The Private Wealth Management unit serves the firm's ultra high net worth clients and, in her new role, Harik will work with Private Wealth Advisors and Private Bankers.

"We are extremely pleased that Lorraine will be joining UBS. She has an excellent reputation in the industry for her work with ultra high net worth clients," said Minerva. "Adding someone with her depth of expertise and client-centric mentality is a further testimony to the growth of our business in the US."

Harik is joining after 23 years at Citigroup, where she is a Managing Director in Citigroup Private Bank's Manhattan office. She has been rated as a top private banker in the New York region, where she managed approximately $1 billion in client assets. In addition, she has been responsible for business development and the delivery of all wealth management services including credit, investment management, capital markets and estate planning.

Harik began her career at First National Bank of Chicago and held positions both domestically and internationally.

UBS is one of the world's leading financial firms, serving a discerning international client base. Its business, global in scale, is focused on growth. 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, 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, 34% in Switzerland, 17% in the rest of Europe and 10% in Asia Pacific. UBS's financial businesses employ some 80,000 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).


Kris Kagel : +1-212-882-5691

New York, July 2, 2007