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Change of interest rate for UBS Time Deposit Accounts and Medium-Term Bonds

Zurich / Basel Media Switzerland

As of Friday, 24 August 2007 the following interest rates shall apply to UBS Time Deposit Accounts and Medium-Term Bonds.

Duration

New Rate

Difference

2 years

2.500%

-0.250%

3 years

2.625%

-0.125%

4 years

2.625%

-0.125%

5 years

2.750%

-0.125%

6 years

2.750%

-0.125%

7 years

2.875%

unchanged

8 years

2.875%

unchanged

9 years

3.000%

unchanged

Only valid for Time Deposit Accounts

10 years

3.000%

unchanged

Only valid for Time Deposit Accounts

We therefore request that you take the new interest rates into account when compiling tables in the finance section of your newspaper.

UBS

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