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anbaly different Manns United Kingdom and the rest al Europa Except as ~vise specned harem this mesenat is communicated by UBS larme.; a subsdary of OBS AG. to persons sno ae elgtle caneerpartiee P ~tame tisnes and N Only eveialne 10 tutte Semons The ~Nam Glonat hanen bowl net apery tO. and ShOLIO mol b
ays after the most recent month's end). Unless otherwise indicated, please refer to the Valuation and Risk sections within the body of this report. General Dynamics Corp. (US$) Prce Target (US$) — SIOCk Ptt. (MI 120- 140- SO- E0- 40- 20- 0 1 1 I I I I I I I I I I I I I I I I I S s 7 V / 2 4 /
roker diedoeure tab-rent is available 01 request and free of charge by wilting to PO Boa 45, Auckland NZ Dubai: The smooth prepared and smuttier' by OBS AG Dubai Branch Intended !Or Professional Chants only and is ea for tiler darbuton «ein the United Ar* Emirates Korea: Lhatettuted in Korea by OSS Sau
C: David E. Strauss: Darryl Genovesi. Ryan Thackston. Company Disclosures Company Name Reuters 12-mo rating Short-term rating Price Price date General 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$59.12 01 Feb 2012 Textron Inc. 6C.
ely ordeal results United Kingdom and the nest of Europe Except as 07ervele spewed herein. tin redone a communicated by UEI$ L anted a subsidiary of OBS AG. to persons an me algae counterpanes or prolostara clients a* is orgy available eo such persons Ile nionnation contained heron door not apply to. an
liates and, consequently, revenues arisen from transactions held by Banco UBS Pactual S.A. and/or its affiliates. Company Disclosures Company Name General Dynamics Corp." Textron Inc.'''' s• Ba• ore."•7*". Reuters 12-mo rating Short-term rating Price Price date GD.N Neutral N/A US$59.25 09 Jun 2009 TXT.N Ne
Entities connected to both OBS AG and General Dynamics Corp.

UBS AG
ORGANIZATIONDoug Band
PERSONDarryl Genovesi
PERSON
Review
ORGANIZATIONEuropean Investment Fund
ORGANIZATIONCore Banding Exceptions
ORGANIZATIONthe Valuation and Risk
ORGANIZATIONDavid E. Strauss
PERSON
Textron
ORGANIZATIONUBS Securities LLC
ORGANIZATIONEmbraer
ORGANIZATIONUBS Business Jet
ORGANIZATIONCessna
ORGANIZATIONTextron Inc.
ORGANIZATIONGlobal Equity Research
ORGANIZATIONShort-Term Ratings
ORGANIZATIONEspana SV
ORGANIZATION
New Zealand
LOCATION
Shinzo Abe
PERSON
Falcon
ORGANIZATION