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Previous: PWG CAPITAL TRUST I, F-1, EX-23.5, 2000-12-28 |
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<PAGE> 1
Exhibit 23.7
Consent
We consent to the reference to our firm and to the summary of our opinion under
the caption "Tax Considerations Under the Laws of Switzerland" and to the
inclusion of our opinion dated 21 December 2000 as an exhibit to the
Registration Statement (Form F-1 No. 333- ) and related Prospectus of UBS
AG for the registration of debt securities.
Ernst & Young Ltd.
/s/ Alfred Preisig
By: ________________________________
Name: Alfred Preisig
Title: Partner Tax
/s/ Urs Brugger
By: ________________________________
Name: Urs Brugger
Title: Partner Tax
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