NEW YORK, Sep 23, 2008 (BUSINESS WIRE) -- UBS announced today that it has been named to Working Mother magazine's
"100 Best Companies for Working Mothers." This
is the sixth year in a row UBS has made the top 100 list.

"Being named to the Working Mother list
of the 100 Best Companies for Working Mothers in the US for the sixth
consecutive year in a row is a great achievement,"
said Mona Lau, Group Head of Diversity and Campus Recruiting. "It
is easy for companies to do the right thing in good times. The test
comes during challenging times. UBS's
commitment to Diversity -- and to our working
mothers -- is standing firm."

UBS was recognized for policies and programs that meet the needs of
working mothers and their families, including competitive parental
leave, assistance with childcare and providing employees with
flexibility. In addition, UBS provides managers with tools and
information to help them manage employees on flex.

Many new UBS moms in the last couple of years have pointed to several
benefits or programs that have helped them care for themselves, their
families and their careers:

--
Two Paid Family Care days, introduced this year, which can be taken in
addition to regular vacation, personal and sick days if, for example,
your child is unwell or your spouse or elderly parent needs a medical
procedure.

--
The availability of flexible work arrangements and UBS's
efforts to raise awareness about flexible work through the launch in
September 2007 of the Diversity Minute on Flexibility, a flash-based,
multimedia communication that profiles two employees who work flexibly.

--
A growing focus on helping employees manage stress, including the
offering of several programs such as "Dealing
with Pressure at Work," "Healthy
Eating, Healthy Minds," and "Maintaining
a Healthy Lifestyle."

In addition, our grass-roots employee networks are flourishing at UBS
and, increasingly, they are partnering with Human Resources to deliver
programs geared toward helping employees manage the multiple roles they
play in both their home and work lives. Of more than 20 such networks
globally, six are located in the US: All Bar None, Cultural Awareness
Network, PRIDE, LEAD (for employees of African descent), MOSAIC (for
Blacks, Hispanics & Asians) and the Working Parents Group.

The Firm also has a variety of programs and employee networks globally
such as the Maternity Support Programme and FamilyMatters in the UK and
Mama Connect in Japan.

UBS is one of the world's leading financial firms, serving a discerning
international client base. UBS is a leading global wealth manager, a
leading global investment banking and securities firm, and one of the
largest global asset managers. In Switzerland, UBS is the market leader
in retail and commercial banking.

UBS is present in all major financial centers worldwide. It has offices
in over 50 countries, with about 37% of its employees working in the
Americas, 34% in Switzerland, 16% in the rest of Europe and 13% in Asia
Pacific. UBS employs more than 80,000 people around the world. Its
shares are listed on the SWX Swiss Exchange (SWX), the New York Stock
Exchange (NYSE) and the Tokyo Stock Exchange (TSE).

SOURCE: UBS

UBS 
Allison Chin-Leong, 212-882-5693

Copyright Business Wire 2008