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Thisreportwasproducedby:
UBSWarburg
+44-20-75678000
Headoffice:
1FinsburyAvenue
London
EC2M2PP
UK
UBSWarburg,1FinsburyAvenue,London,EC2M2PP,UKPhone:+44-20-75678000
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translationofUBSAG,itsregisteredlegalname.UBSWarburgisabusinessgroupofUBSAG.Thisreportisfordistributiononlyundersuchcircumstancesasmaybe
permittedbyapplicablelaw,includingthefollowing:
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purposesandisnottobeconstruedasasolicitationoranoffertobuyorsellanysecuritiesorrelatedfinancialinstruments.Thesecuritiesdescribedhereinmaynotbeeligible
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accurate,norisitacompletestatementorsummaryofthesecurities,marketsordevelopmentsreferredtointhereport.Thereportshouldnotberegardedbyrecipientsasa
substitutefortheexerciseoftheirownjudgement.AnyopinionsexpressedinthisreportaresubjecttochangewithoutnoticeandUBSisnotunderanyobligationtoupdateor
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makepurchasesand/orsalesasprincipaloragent,orUBSmayactorhaveactedasmarket-makerintherelevantsecuritiesorrelatedfinancialinstrumentsdiscussedinthis
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Options,derivativeproductsandfuturesarenotsuitableforallinvestors,andtradingintheseinstrumentsisconsideredrisky.Pastperformanceisnotnecessarilyindicativeof
futureresults.Foreigncurrencyratesofexchangemayadverselyaffectthevalue,priceorincomeofanysecurityorrelatedinstrumentmentionedinthisreport.Clientswishing
toeffecttransactionsshouldcontacttheirlocalsalesrepresentative.UBSacceptsnoliabilitywhatsoeverforanylossordamageofanykindarisingoutoftheuseofallorany
partofthisreport.Additionalinformationwillbemadeavailableuponrequest.
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