Reuters
UBS AG

BRIEF: For the nine months ended 30 September 2009, UBS AG's interest income decreased 65% to SF18.78B. Net interest income after loan loss provisions decreased 19% to SF2.95B. Net loss from continuing operations decreased 67% to SF3.95B. Interest income reflects decreased interest earned on securities borrowed and reverse repurchase agreements. Lower net loss from continuing operations reflects decreased general and administrative expenses.

The consolidated statements have been prepared using the pooling of interest method of accounting and 1997 accounts have been restated to reflect the merger. FY'03 Qs are being restated. 07/2006, Complex capital change (Factor: 1.009089). 05/2008, Rights Issue, 7 new shares for every 20 shares held @ CHF 21 (Factor: 1.070886).

UBS AG is a global provider of financial services to private, corporate and institutional clients. The Company’s financial businesses are organized on a worldwide basis into three business divisions and the Corporate Center. Global Wealth Management & Business Banking consists of three segments: Wealth Management International & Switzerland, Wealth Management US and Business Banking Switzerland. The business divisions Investment Bank and Global Asset Management constitute one segment each. On February 10, 2009, UBS announced the split of Global Wealth Management & Business Banking into two divisions: Wealth Management & Swiss Bank and Wealth Management Americas. In February 2009, JPMorgan Chase & Co. acquired the Company’s global agricultural business. In February 2008, it acquired 100% of the Caisse Centrale de Reescompte Group. In August 2008, UBS sold its 24.9% stake in Adams Street Partners. On May 6, 2009, UBS AG acquired the commodity index business of AIG Financial Products Corp