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Shareholding Disclosures

24.05.2007 - Disclosure pursuant to section 26 of the German Securities Trading Act (Wertpapierhandelsgesetz -WpHG) - UBS AG

Security code number (WKN): 802770                                    
ISIN: DE 000 802 770 7

- Translation -
 
Pursuant to section 21 para. 1 WpHG UBS AG, Bahnhofstrasse 45, CH-8098 Zurich, notified Hypo Real Estate Holding AG, Unsoeldstrasse 2, 80538 Munich, on 24 May 2007 of the following:

We hereby notify you pursuant to section 21 para. 1 WpHG that UBS’ stake in the voting rights in Hypo Real Estate Holding AG (ISIN DE0008027707), Unsöldstrasse 2, 80538 München, exceeded the threshold of 3 % as of  17 May 2007 and now amounts to 4.23 % (corresponding to 5,666,270 voting stocks).


Munich, 24 May 2007
Hypo Real Estate Holding AG
Management Board
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