EFTA02411799.pdf

"EFTA_R1_01473315"

"Savn» Oran Ltd n the auto% puttsrer and derritolce of the report"

"This report has been prepared by UBS Securities LLC ... David E. Strauss Analyst"

"This report has been prepared by UBS Securities LLC ... Cristina Fernandez Analyst"

"This report has been prepared by UBS Securities LLC ... Darryl Genovesi Associate Analyst"

"This report has been prepared by UBS Securities LLC ... Tasneem Azim Associate Analyst"

"This report has been prepared by UBS Securities LLC ... 24 March 2010"

"UBS Business Jet Survey 24 March 2010"

"Our Buy rating on GD reflects an improved defense risk profile and stabilization in our bizjet survey"

"Our Neutral rating on TXT reflects concerns over the shape of the recovery at Cessna"

"increased competition at the low-mid end (Embraer)"

"Among the suppliers, Buy-rated COL is our preferred play on business jets."

"UBS Business Jet Survey 24 Math 2010"

"UBS Business Jet Survey 24 March 2010"

"This report has been prepared by UBS Securities LLC, an affiliate of UBS AG."

"Our estimates, ratings and price targets for both General Dynamics and Textron are subject to additional risks"

"Additionally, Textron faces liquidity risks related to it its asset based lending businesses."

"This report has been prepared by UBS Securities LLC, an affiliate of UBS AG."

"UBS Business Jet Survey 24 March 2010"

"our participants were asked to indicate the class of aircraft in which they were seeing the most interest from potential buyers... 62% indicated they "

"with 15% indicating midsize"

"23% indicating small cabin"

"UBS Business Jet Survey 24 March 2010"

"USG Business Jet Survey 24 Mardi 2010... Thia revolt has been pitman, Dh UBS Savn,» Lie. en cabbala of U8S AG"

"authorized and regulated by Me Financial Services Autteney (FSA) UBS research complies vitri al to iSA requicensenls"

"Additional Prices: Bombardier Inc., C$5.87 (23 Mar 2010)"

"Embraer, US$24.66 (23 Mar 2010)"

"UBS AG its anions a sabsdmin (mOudrg UBS SecoMlies Lit anda UBS Caput Markets LP)"

"UBS AG Molter of Australian Financial Sawa L cease No 2310871"

"MS AG Dubs Branch"

"Research analysts contributing to this report who are employed by any non-US affiliate of UBS Securities LLC... UBS Securities LLC: David E. Strauss; "

"UBS Securities LLC: David E. Strauss; Cristina Fernandez: Darryl Genovesi."

"UBS Securities LLC: David E. Strauss; Cristina Fernandez: Darryl Genovesi."

"UBS Securities LLC: David E. Strauss; Cristina Fernandez: Darryl Genovesi."

"Rockwell Collins Inc... 4... Within the past 12 months, UBS AG, its affiliates or subsidiaries has received compensation for investment banking servic"

"Textron Inez... 7... Within the past 12 months, UBS Securities LLC has received compensation for products and services other than investment banking s"

"General Dynamics Corp. GD.N Buy N/A USS76.94 23 Mar 2010"