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TITLE SECRETARY
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
</LEGEND>
<CIK> 0001007523
<NAME> UBS INVESTOR PORTFOLIOS TRUST
<SERIES>
<NUMBER> 003
<NAME> UBS INTERNATIONAL EQUITY PORTFO
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
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<INVESTMENTS-AT-VALUE> 45,874,281
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</TABLE>
UBS Investors Portfolio Trust
Form: N-SAR June 30, 1997
Attachment - Item 77O
Transactions effected pursuant to Rule 10f-3
Transaction # 1: UBS International Equity Portfolio, acquisition of CIBA
Specialty Chemical
If any such transactions were effected during the reporting period, the
following information should be furnished:
1. From whom was the securities acquired. Not applicable, acquisition due
to corporate action (rights offering).
2. Identify the underwriting syndicate's members. Union Bank of
Switzerland was the affiliated underwriter of the Fund.
3. Terms of the transaction. UBS International Equity Portfolio engaged
in a rights offering on February 26, 1997, for 455 rights of CIBA
Specialty Chemical. On March 20, 1997 UBS International Equity
Portfolio exercised the rights into CIBA Specialty Chemical regular
shares on a one for one basis. The cost associated with each right was
10 Swiss Francs. This rights offering represented .007% of the
Portfolio's net assets at the time of exercise.
4. Information or materials upon which the determination described in
paragraph (h)(3) of the rule 10f-3 was made. The information described
in item 1 through 3 above was provided to the Board of Directors at
its regularly scheduled first quarter 1997 meeting to certify that
this transaction was made in compliance with the Board adopted rule
10f-3 procedures.
UBS Investors Portfolio Trust