INDEPENDENT COMMISSION OF EXPERTS
SWITZERLAND - WORLD WAR II

Berne, June 17, 1997

Press release

Jean-François Bergier does not ask for the renewal of his mandateas a member of thr UBS Jubilee Foundation

The Chairman of the Independent Commission of Experts: Switzerland - Second World War, Professor Jean-François Bergier, was appointed member of the Board of the UBS Jubilee Foundation in 1991. He represented the section of human sciences in the Foundation. In March 1997, he informed its President in a written statement that he did not seek the renewal of the term of his mandate that expires in November 1997.

The UBS Jubilee Foundation was established in 1962. It aims at promoting cultural activities and scientific research. It disposes of the revenues of the Foundation capital donated by UBS, but is completely independent from the activities of the bank. The Board members receive an indemnification for their work.