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UBS sweeps the board in Thailand in Asiamoney Brokers' Poll

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For the second year running UBS has been voted number one for equity research, execution, sales and trading in Thailand in Asiamoney's Brokers' Poll. UBS was ranked number one in all but one sector under consideration and garnered almost double the number of points of its nearest competitor for Best Overall Country Research.

"Our consistently high ranking in both the Asiamoney and Institutional Investor polls attests to the strength of UBS's equities business in Thailand and is both an important indicator of the level of service we offer to institutional investors and a testament to our longstanding commitment to our clients here," said Brad ORGILL, Head of Asia Pacific Equities.

"To be named the number one house in Thailand for the second consecutive year is a clear endorsement of the research, sales & trading and execution teams in place here," said Jamie WOODWARD, Head of Equities, Thailand,

"It is especially satisfying to maintained or have gained number one rankings in all the research categories available," added Shane GUNTHER, Head of Thailand Research.

Ranked number one for Overall Country Research, UBS also secured number one rankings for Strategy, Banks, Diversified Financials, Energy, Materials, Telecommunication Services and Most Independent Research.

As well as being named best provider of Overall Sales Services, Execution, Best Sales Trading and Best Brokerage in Providing Corporate Access, UBS secured the number one (Jamie WOODWARD) and number three (Oranuch VACHIRUKSASAVAKUL) salesperson rankings. Shane Gunther was named Best Analyst with Keith NERUDA ranked number three.

In excess of 1,045 investors from 651 institutions, including 124 hedge funds, in the Asia Pacific region, Europe and North America responded to Asiamoney's 14th annual Brokers' poll.

UBS has maintained an equity business in Thailand for more than 14 years and, in August this year, was sole international placing agent of a US$120 million international private placement for Bank of Ayudhya - the largest equity offering from a Thai company in the international market since PTT's IPO in 2001

Hong Kong, 26 November 2003