8B - The Michigan Daily - Thursday, September 14, 2006

BANK OF CHINA
Joint Global Coordinator
and Joint Bookrunner
$11,186,000,000
Initial Public Offering
May 24, 2006
Largest-ever IPO in China*
Largest-ever IPO in Asia outside of Japan*
Largest-ever Bank IPO in the world*
4th-largest-ever IPO in the world*
Whos behind some of the
most remarkable corporate
finance transactions in 2006?
You & Us
Working closely with our clients, UBS has been the driving force behind
some recent record-breaking deals, including the Bank of China's $11.2
billion IPO. If you want to hear more about opportunities to join a firm
with this momentum, an outstanding training program and unlimited
career potential, visit our Graduate Recruiting website at

www.ubs.com/graduates
UBS is an equal opportunity employer committed to diversity in it workplace. (M/F/DN)
*UBS
*Dealogi, 2006. In the U. ., secrities underwritin, trading nd brokerge acivities are prossided by USS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of USS AG a wember of the New York Stock Exchange
and other principal exchanges and w ewber of SIPC, Thi s nossncewent does not constitute an offer to sell or the solicitation of an offer to buy any of these securities. The Bank of China trannaction
mentioned hbove has not been registered under the Securities Act of 1933 as xmended (the "Secsrntis Act"), or state securities law and, unless so registered, may not be offered on sold in the United States except purxuant to an
evenmption frow the registration requrewensts of the Securties Ac and applicable sxat svecuritiesI ws and in such other circuwstances ws ay be perwitted by applicable law. 05 UBS 2006. Alt rights reserved.
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