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Index Your Fi Asocial Advisor SCOTT STACK MANLYLE CASRIEL 212-821.7000/800-308-3140 Cash and money balances may Mdude available cash balances, UBS Bank LISA deposit account balances, UBS AG Stamford Branch deposit account balances and money market mutual fund sweep balances See the Important info
market mut ua fund sweep baiances UBS Bank USA deposit accounl balances are insured by the FDIC Winn applicable limits, bul are not potected by 9PC MS AG Stanford Brow h derovt Account Wines we not insured by FDIC and age not voltaic' by SIPC Money market sweep balances are protected by WC but ere not
D Eye on the markets Index Your lq Randal Advisor. SCOTT STACK MANLYLE CASRIEL • Cash and money balances may include available cash balances. UBS Bank V5A deposit account balances. V95 AG Stamford Branch deposit account balances and money market mutual fund sweep balances See the important infor
your Sweep Options are induded in the disering and closing balances eau.. FDIC insurance apples only to deposits at UBS Bank USA, not to deposits at MS AG, starrhord aanch or bank deposits placed through the UBS internaiorui Deposit Account program siPc protection applies to money market sweep fund ho
10% Your II Randal Advisor. SCOTT STACK MANLYLE CASRIEL 212.821.7000/800308.3140 • Cash and money balances may include available cash balances. UBS Bank LISA deposit account balances, UBS AG Sumford Branch deposit account balances and money market mutual fund sweep balances See the Important infor
in your Sweep Options are Indwadin the crenng and closing bdances eau.. FDIC insurance aropries only to deposits at u9S Bank USA, not to deposits at MS AG, Starricad Branch or bank deposits placed throudi the UBS atom: honed Depose ACCOUnt program SIPC protection applies to may market sweep had holdin
ion A Eye on the markets Index Your K modal Advisor- SCOTT STACK MANLYLE CASRIEL , Cash and money balances may include available cash balances. UBS Bank OSA deposit account balances. UBS AG Stamford Branch deposit account balances and money market mutual fund sweep balances See the It:venom infomm
e On nibble to cad bins are swept to demur accounts a UBS AG lean& Bran and I16S14 Caplan Berndt. Thesedeposesrent fused by thefaC Baines h$3 a me MS AG Gamin Bran ace twporrily oposed TO The soineadn rid of theGnaw Bads, and there is ro natant a ono ob Metal of LISS A4 a nay thebrans she on the LO
statement a the end ol this document for more Infortnalon Cash Cash and money balances Cash aM moray balances may Ind tde ayalable cash balances, UBS Bank. USA &pout account Wane's. UBS AG Stanford Branch &pout account baances and money market mutual fund sweep batances UBS Bank USA deposit account ba
(the Fim or Un Firwrocial Sacked. is a mar of al pietal security. conanotty and wash achieves Mt twain *was and USSBanle.Thet itiod knee:hike of MS AG and Milian of LOS Soositin u.0 the f ma's facial Pain it tattle won reptt the hr's enure altos an a U3S RIMS Sala he 1200 Haber litatletad Weeh
ngapore. in respect of any matters arising from, or in connection with, the analysis or report. Spain: This publication is distributed to clients of UBS Bank, SA by UBS Bank, S.A., a bank registered with the Bank of Spain. UAE: This research report is not intended to constitute an offer. sale or delivery
es Compensation Scheme. USA: This document is not intended for distribution into the US and) or to US persons. UBS Securities LUX is a subsidiary of MS AG and an affiliate of t/115 Financial Services Inc.. UBS Financial Services Inc is a subsidiary of UBS AG Version 10/2012 O UBS 2012. The key symbol
Entities connected to both UBS Bank and MS AG

Ghislaine Maxwell
PERSONBank USA
ORGANIZATION
Puerto Rico
LOCATIONRussell 3000
ORGANIZATION
Stanford University
LOCATION
United States
LOCATION
Condoleezza Rice
PERSON
Vicky Ward
PERSON
UBS AG
ORGANIZATIONLOS AG
ORGANIZATIONUPS AG
ORGANIZATION
Joi Ito
PERSON
George W. Bush
PERSON
Mao Zedong
PERSONWeehawken
LOCATIONSCOTT STACK
ORGANIZATIONUBS Visa
ORGANIZATION
NEW YORK NY
LOCATION
U.S. Treasury
ORGANIZATIONCayman
LOCATION