DGAP-PVR: UBS AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution


UBS AG / Release of an announcement according to Article 21, Section 1 of the WpHG [the German Securities Trading Act] (share)

20.06.2008 

Release of a Voting Rights announcement
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Publication pursuant to section 26 (1) WpHG

I.

Morgan Stanley, Wilmington, Delaware, USA, has notified us on its own
behalf and on behalf of such further subsidiaries as mentioned below
pursuant Section 21 para 1 and Section 24 German Securities Trading Act
that:

 1. Morgan Stanley & Co. International plc, London, United Kingdom, on 12
    June, 2008, has exceeded the thresholds of 3%, 5% and 10% of the voting
    rights in our company and on that day holds 13.28% of the voting rights
    (= 389,447,827 shares, each carrying one voting right); and

2. Each of the following holding entities of Morgan Stanley & Co.
International plc

(i) Morgan Stanley International Incorporated, Wilmington, Delaware, USA;

(ii) Morgan Stanley International Holdings Inc., Wilmington, Delaware, USA;

(iii) Morgan Stanley International Limited, London, United Kingdom;

(iv) Morgan Stanley Group (Europe), London, United Kingdom; and 

(v) Morgan Stanley UK Group, London, United Kingdom, 

on 12 June 2008, has also exceeded the thresholds of 3%, 5% and 10% of the
voting rights in our company and on that day holds 13.28% (=389,447,827
shares, each carrying one voting right) whereby the aforementioned voting
rights have to be attributed pursuant to Section 22 para. 1 sent. 1 No. 1
German Securities Trading Act.

      3.   The holding entity of Morgan Stanley & Co. International plc,
Morgan Stanley, Wilmington, Delaware, USA, on 12 June 2008, has also
exceeded the thresholds of 3%, 5% and 10% of the voting rights in our
company and on that day holds 13.40% (= 392,927,478 shares, each carrying
one voting right), whereby 13.28% of the voting rights in our company have
to be attributed from the entity mentioned under 2 (i) above, and whereby
0.12% of the voting rights in our company have to be attributed from other
subsidiaries, pursuant to Section 22 para. 1 sent. 1 No. 1 German
Securities Trading Act.

4.  This chain of entities is represented as follows (starting on the
highest level):

 1) Morgan Stanley (Delaware)

 2) Morgan Stanley International Incorporated

 3) Morgan Stanley International Holdings Inc.

 4) Morgan Stanley International Limited

 5) Morgan Stanley Group (Europe)

 6) Morgan Stanley UK Group

 7) Morgan Stanley & Co. International Plc

II.

Morgan Stanley, Wilmington, Delaware, USA, has notified us on its own
behalf and on behalf of such further subsidiaries as mentioned below
pursuant Section  21 para 1 and Section 24 German Securities Trading Act
that:

1.  Morgan Stanley & Co. International plc, London, United Kingdom on 17
June, 2008, has fallen below the thresholds of 10%, 5% and 3% of the voting
rightsin our company and on that day holds 0% of the voting rights (= 0
shares, each carrying one voting right); and

2. Each of the following holding entities of Morgan Stanley & Co.
International plc

(i) Morgan Stanley International Incorporated, Wilmington, Delaware, USA;

(ii) Morgan Stanley International Holdings Inc., Wilmington, Delaware, USA;

(iii) Morgan Stanley International Limited, London, United Kingdom;

(iv) Morgan Stanley Group (Europe), London, United Kingdom; and 

(v) Morgan Stanley UK Group, London, United Kingdom, 

on 17 June 2008, has also fallen below the thresholds of 10%, 5% and 3% of
the voting rights in our company and on that day holds 0% (0 shares, each
carrying one voting right).

3. The holding entity of Morgan Stanley & Co. International plc, Morgan
Stanley, Wilmington, Delaware, USA, on 17 June 2008, has also fallen below
the thresholds of 10%, 5% and 3% of the voting rights in our company and on
that day holds 0.11% (= 3,315,605 shares, each carrying one voting right),
whereby the aforementioned voting rights have to be attributed pursuant to
Section 22 para. 1 sent. 1 No. 1 German Securities Trading Act.

4.  This chain of entities is represented as follows (starting on the
highest level):

 1) Morgan Stanley (Delaware)

 2) Morgan Stanley International Incorporated

 3) Morgan Stanley International Holdings Inc.

 4) Morgan Stanley International Limited

 5) Morgan Stanley Group (Europe)

 6) Morgan Stanley UK Group

 7) Morgan Stanley & Co. International Plc

UBS AG

Bahnhofstrasse 45

CH-8098 Zürich

Schweiz

DGAP 20.06.2008 
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Language:     English
Issuer:       UBS AG
              Bahnhofstrasse 45
              8001 Zürich
              Schweiz
Internet:     www.ubs.com
End of News                                     DGAP News-Service
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