UBS DISCUSSING A CO-OPERATION PARTNERSHIP WITH BANK OF CHINA
Zurich/Basel, 27 June 2005 - Ubs is in talks with Bank of China (Boc) with a view to forming a mutually beneficial co-operation partnership It is envisaged that such a partnership would include commercial co-operation in certain areas of investment banking yet to be agreed, and the possibility that Ubs could invest approximately Usd500 million to become a strategic investor in Boc.