Union Bancaire Privee Appoints Alan Mudie as Chief Investment Officer of its Private Banking Division

GENEVA, June 1, 2011 -

Union Bancaire Privee (UBP) continues the implementation of its Private
Banking division's strategic plan by appointing Alan Mudie as Chief
Investment Officer (CIO) of UBP Private Banking. Previously, Mr Mudie was CIO
at BNP Paribas International Private Bank and also held various high-level
positions at United European Bank (UEB) and Barclays Bank in Paris. Before
joining UBP he was at Syz & Co., as Head of Oyster Funds and most recently as
Head of Fund Research.

"We are delighted that Alan Mudie is joining us as Chief Investment
Officer. His experience in investment strategy, product innovation and
manager selection spanning more than twenty years will allow him to enhance
our range of products and services. His in-depth knowledge of private
clients' investment requirements will enable us to adapt our asset management
policy to our clients' expectations," said Michel Longhini, Executive
Managing Director of Union Bancaire Privee's Private Banking division.

As CIO, Mr Mudie will be in charge of the global investment process, the
overall investment strategy and asset allocation for Private Banking. Mr
Mudie said, "UBP is a leader in wealth management and I look forward to
playing a part in this important stage of its development."

Mr Mudie is British and a graduate of the University of St Andrews and
Teesside Polytechnic.

About Union Bancaire Privee

Union Bancaire Privee, UBP SA (UBP) is based in Geneva and is
one of Switzerland's leading private banks. Active in the field of asset
management for both private and institutional clients and with a very solid
balance sheet, the Bank had some CHF 65 billion (USD 69 billion) in assets
under management as at 31 December 2010. UBP employs some 1,200 people in
over 20 locations worldwide and provides a complete range of innovative
investment products and services, both in traditional and alternative asset
management, with the aim of achieving a high performance and protecting
clients' capital. www.ubp.com

For any further information, please contact

Jerome Koechlin, Head of Corporate Communications | +41-58-819-26-40 |
jko@ubp.ch | www.ubp.com

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