DGAP-DD: UBS AG english



Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Wolf
First name: Robert
Company: UBS AG

Position: Member of a managing body

Information about the transaction with duty of notification

Description of the financial instrument: Subscription Rights
ISIN/WKN of the financial instrument: CH0039913899
Type of transaction: Exercise
Date: 29.05.2008
Price: 21
Currency: CHF
No. of items: 112364
Total amount traded: 2359644
Place: SWX Zürich

Description of the derivative

Description of the underlying instrument: UBS AG Registered Shares
Underlying (WKN/ISIN): CH0024899483
Price multiplier: 
Strike price: 
Currency: CHF
Expiration date: 09.06.2008

Explanation for publication:

7 new for 20 existing shares.

Information about the company with duty of publication

Issuer: UBS AG
Bahnhofstrasse 45
8001 Zürich
Schweiz
ISIN: CH0024899483
WKN: UB0BL6


End of Directors' Dealings Notification (c) DGAP 05.06.2008 

Financial News transmitted by DGAP
ID 6192