clients of UBS London in the UK. Where products or services are provided from outside the UK, they will not be covered by the UK regulatory regime or the Financial Services Compensation Scheme. © UBS 2012. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved 36 UBS . HOUSE_OVERSIGHT_02417

clients of UBS London in the UK. Where products or services are provided from outside the UK, they will not be covered by the UK regulatory regime or the Financial Services Compensation Scheme. USA: This document is not intended for distribution into the US and / or to US persons. UBS Securities LLC is a subsidiary of UBS AG and an affiliat

e 2007. The FCA rules made under the Financial Services and Markets Act 2000 for the protection of retail clients will therefore not apply, nor will the Financial Services Compensation Scheme be available. This report is not intended for, and should not be relied upon by, retail clients. Australia — Wells Fargo Securities, LW is exempt f

lients of UB5 London in the UK. Wnere products or services are provided from outside the UK, they will not be covered by the UK regulatory regime or the Financial Services 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