UBS AMERICAS INC. for UBS AMERICAS INC

Taxation/Internal Revenue Code TAX

HR 4912, "To amend the Internal Revenue Code with respect to the treatment of prepaid derivative contracts." HR 6049, "Energy and Tax Extenders Act of 2008." (Including nonqualified deferred compensation) HR 1424, "Emergency Economic Stabilization Act of 2008."(Tax Titles)

Contacted: Federal Reserve System; Securities & Exchange Commission (SEC); Treasury, Dept of; SENATE; Education, Dept of; White House Office; HOUSE OF REPRESENTATIVES

Bills named: H.R. 6049 (110th), H.R. 4912 (110th), H.R. 1424 (110th)

Education EDU

Implementation of HR 5715, "To ensure continued availability of access to the Federal student loan program for students and families." Proposal to enhance liquidity in student loan auction rate securities market.

Contacted: White House Office; HOUSE OF REPRESENTATIVES; Federal Reserve System; Securities & Exchange Commission (SEC); Treasury, Dept of; Education, Dept of; SENATE

Bills named: H.R. 5715 (110th)

Financial Institutions/Investments/Securities FIN

Issues relating to convergence of US GAAP and IFRS accounting standards. HR 1427/S 1100, "Federal Housing Finance Reform Act." HR 3012, "Fair Mortgage Practices Act of 2007." S 1299, "Borrower's Protection Act." Regulation of Investment Advisors and Broker Dealers. Financial services industry regulatory restructuring. SEC Rule 15a-6, a proposed regulation providing for expansion of U.S. investor options. Monoline insurers and associated issues in the auction rate securities markets. S 2636/HR 3221, "Foreclosure Prevention Act of 2008." HR 5579, "To remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes." HR 1424, "Emergency Economic Stabilization Act of 2008."

Foreign entity interest: UBS AG, previously listed on Form LD-1, has an interest in issues relating to convergence of US GAAP and IFRS accounting standards, as well as HR 1424.

Contacted: Federal Reserve System; SENATE; Securities & Exchange Commission (SEC); Treasury, Dept of; HOUSE OF REPRESENTATIVES; White House Office; Education, Dept of

Bills named: H.R. 1424 (110th), H.R. 5579 (110th), H.R. 3012 (110th), H.R. 1427 (110th), H.R. 3221 (110th)

Bankruptcy BNK

HR 3609, "Emergency Home Ownership and Mortgage Equity Protection Act of 2007." S 2136, "Helping Families Save their Homes in Bankruptcy Act of 2007."

Contacted: Education, Dept of; Treasury, Dept of; White House Office; SENATE; Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; Federal Reserve System

Bills named: H.R. 3609 (110th)

Energy/Nuclear ENG

HR 6603, "Commodity Markets Transparency and Accountability Act of 2008." S 3130/ HR 6334, "Increasing Transparency and Accountability in Oil Prices Act of 2008." S 3131, "Oil Speculation Control Act of 2008." HR 6330, "Prevent Unfair Manipulation of Prices Act of 2008."

Contacted: SENATE; Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; Treasury, Dept of; White House Office; Federal Reserve System; Education, Dept of

Bills named: H.R. 6330 (110th), H.R. 6334 (110th), H.R. 6603 (110th)