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UBS Investment Bank tops Thomson Extel Survey 2008 for eighth consecutive year

London Media Releases EMEA

UBS Investment Bank was today voted the Leading Pan- European Brokerage firm for Equity and Equity Linked Research in the Thomson Extel Survey 2008 for the eighth consecutive year. The survey also ranked UBS Investment Bank number one Pan-European Brokerage firm for Equity Trading & Execution and number one Pan-European Brokerage Firm for Equity Sales for the seventh year running. UBS was also voted number one the Leading Pan-European Brokerage Firm for Operations, up from second in 2007.

Francois Gouws, Head of European Equities said;

"I am delighted that the strength and quality of our business has been recognised in so many key categories. The results are a testament to the quality of the people within UBS and the overall strength of our franchise".

Nick Pink, head of European Equity Research commented;

"We are delighted to have been recognised by our clients as the number one research house for the eighth consecutive year. The survey demonstrates that amidst turbulent markets, UBS continues to deliver original, innovative investment ideas to our key clients. Congratulations to the successful research teams and many thanks to our clients for their support"

In February this year UBS also retained the number one ranking in Institutional Investor Magazine's 2008 All-European Research Team survey for the seventh consecutive year.

For further information please visit or contact Richard Morton, UBS Media Relations.

Notes to Editors:

35th Thomson Reuters Extel Survey

According to Thomson Reuters Extel, the 2008 Survey represents the weighted views of over 7,500 investment professionals from 63 countries, and garnered in excess of 200,000 votes -- making it the most extensive assessment of its kind in the European investment community.

Voting was conducted primarily online and ran from 30 March to 30 May 2008. It reflects the record contribution of over 1,600 buy-side firms, 150 brokerage firms/research houses and 450 of Europe's largest quoted companies worldwide. All data, votes received and methodology applied are independently checked and verified by Deloitte.