UBS PAINEWEBBER

Insurance brokerage and consultation; banking, including electronic banking and investment banking provided via a global computer network; securities brokerage services; financial exchange services in the fields of stocks, derivatives and currency; providing on-line computer databases in the filed of financial services; investment management services, including management of assets; financial planning; financial management; financial research; real estate management, including administration of property; real estate brokerage; estate trust management; providing investment advice and commissioning of orders in connection with insurance, * finance, banking and real estate services; electronic funds transfer; * financial sponsoring in the fields of sports and the arts

Telecommunications services, namely, electronic transmission of financial service information, data and documents via personal computers, hand-held computers and other electronic hand-held information devices; telegram transmission; transmission of short messages via mobile telephone systems; electronic mail services and electronic transmission of videotext data

Educational services, namely, conducting classes, conferences, seminars and workshops in the field of finance, banking, investment, and securities; organizing community sporting and cultural events