UBS Warburg Adds BNP Paribas, Dow Chemical, Genentech, Hon Hai

 Procter & Gamble, Singapore Airlines and Volkswagen and Deletes AMR
 Corporation, BBVA, Exel, Fifth Third Bancorp and Pharmacia Corporation from 
                The Global 50 Highlighted Stocks List 
  NEW YORK, July 31 /PRNewswire-FirstCall/ -- UBS Warburg adds BNP Paribas
(BNPP.PA), Dow Chemical (DOW.N), Genentech, Inc. (DNA.N), Hon Hai Precision
(2317.TW), Proctor & Gamble Co. (PG.N), Singapore Airlines (SIAL.SI), and
Volkswagen (VOWG.F) and deletes AMR Corporation (AMR.N), BBVA (BBVA.MC), Exel
(EXL.L), Fifth Third Bancorp (FITB.O) and Pharmacia Corporation (PHA.N) from
the Global 50 Highlighted Stocks list. 
  UBS Warburg is a business group of UBS AG (NYSE: UBS), one of the largest
financial services firms in the world with 70,000 employees in more than 40
countries. UBS Warburg is a leader in equities, corporate finance, M&A
advisory and financing, financial structuring, fixed income issuance and
trading, foreign exchange, derivatives and risk management. UBS Warburg is one
of four business groups of UBS AG along with UBS PaineWebber, UBS Global Asset
Management and UBS Wealth Management & Business Banking. 
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SOURCE  UBS Warburg 

    -0-                             07/31/2002
    /CONTACT:  Amy Rosenberg of UBS Warburg, +1-212-713-8510/
    /Web site:

CO:  UBS Warburg; BNP Paribas; Dow Chemical; Genentech, Inc.; Hon Hai 
 Precision; Proctor & Gamble Co.; Singapore Airlines; Volkswagen; AMR 
 Corporation; BBVA; Exel; Fifth Third Bancorp; Pharmacia Corporation
ST:  New York
-0- Jul/31/2002 21:24 GMT
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