d by applicable law. In developing the Chief Investment Office economic forecasts, ClO economists worked in collaboration with economists employed by UBS Investment Research. Forecasts and estimates are current only as of the date of this publication and may change without notice. External Asset Managers / External Finan

SUBS UBS Investment Research UBS Business Jet Survey Recovery Stalls • Index holds at 50 Our March Business Jet Index came in at 50, indicative of a stable market and in line

by applicable law. In developing the Chief Investment Office economic forecasts, CIO economists worked in col- laboration with economists employed by UBS Investment Research. Forecasts and estimates are current only as of the date of this publication and may change without notice. External Asset Managers / External Fina

SUBS UBS Investment Research UBS Business Jet Update Used Inventories Hold, Pricing Falls Further Global Equity Research Amerces Aerospace Sector Comment 10 June 2009 • Vs