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ADRs of this company. 18. The U.S. equity strategist, a member of his team, or one of their household members has a long common stock position in Textron Inc. 22. UBS AG, its affiliates or subsidiaries held other significant financial interests in this company/entity as of last month's end (or the prior
such as structure, management. performance record, discount: Sell: Negative on factors such as structure, management. performance record. discount. Core Banding Exceptions (CBE): Exceptions to the standard +1-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
Rockwell Collins Inc. 18b. The U.S. equity strategist, a member of his team, or one of their household members has a long common stock position in Textron Inc. The analyst responsible for this report has reviewed the material operations of the issuer and/or met with senior management. Unless otherwise indi
such as structure, management, performance record, discount; Sell: Negative on factors such as structure, management, performance record, discount. Core Banding Exceptions (CBE): Exceptions to the standard +/-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
al Dynamics Corp. GD.N Buy N/A US$69.71 01 Feb 2012 Rockwell Collins Inc. 2.4. 7' 6.76' 66' r• tit ru COL.N Buy N/A US$59.12 01 Feb 2012 Textron Inc. 6C. 7.13. It M. 77 TXT.N Buy N/A US$25.66 01 Feb 2012 Source: UBS. NI prices as of local market close. Ratings in this table are the most curr
such as structure, management, performance record, discount; Sell: Negative on factors such as structure, management, performance record, discount. Core Banding Exceptions (CBE): Exceptions to the standard +/-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
Rockwell Collins Inc. 18b. The U.S. equity strategist, a member of his team, or one of their household members has a long common stock position in Textron Inc. The analyst responsible for this report has reviewed the material operations of the issuer and/or met with senior management. Unless otherwise indi
such as structure, management, performance record, discount; Sell: Negative on factors such as structure, management, performance record, discount. Core Banding Exceptions (CBE): Exceptions to the standard +/-6% bands may be granted by the Investment Review Committee (IRC). Factors considered by the IRC include the sto
Entities connected to both Textron Inc. and Core Banding Exceptions

Textron
ORGANIZATIONDoug Band
PERSONGeneral Dynamics Corp.
ORGANIZATION
Review
ORGANIZATIONthe Valuation and Risk
ORGANIZATIONDavid E. Strauss
PERSONDarryl Genovesi
PERSONEuropean Investment Fund
ORGANIZATIONUBS Business Jet
ORGANIZATIONCessna
ORGANIZATIONEmbraer
ORGANIZATIONGlobal Equity Research
ORGANIZATION
UBS AG
ORGANIZATIONBombardier Inc.
ORGANIZATIONUBS Securities LLC
ORGANIZATIONUBS Business Jet Survey Score
ORGANIZATION
Europe
LOCATION
General Dynamics
ORGANIZATIONEspana SV
ORGANIZATIONBusiness Conditions
ORGANIZATION