<?xml version="1.0"?>
<notificationOfRemoval>

    <schemaVersion>X0203</schemaVersion>

    <exchange>
        <cik>0001143313</cik>
        <entityName>AMERICAN STOCK EXCHANGE LLC</entityName>
    </exchange>

    <issuer>
        <cik>0001114446</cik>
        <entityName>UBS AG</entityName>
        <fileNumber>001-15060</fileNumber>
        <address>
            <street1>BAHNHOFSTRASSE 45</street1>
            <street2>P O BOX CH 8098</street2>
            <city>Zurich</city>
            <stateOrCountryCode>V8</stateOrCountryCode>
            <stateOrCountry>SWITZERLAND</stateOrCountry>
            <zipCode>V8</zipCode>
        </address>
        <telephoneNumber>41-1-234-4100</telephoneNumber>
    </issuer>

    <descriptionClassSecurity>TIERS S&amp;P 500 Index-Linked Notes, offering protection up to 25% decline in S&amp;P 500 Index, maturing November 5, 2007</descriptionClassSecurity>

    <ruleProvision>17 CFR 240.12d2-2(a)(2)</ruleProvision>

    <signatureData>
        <signatureName>Kerri L. Ramirez</signatureName>
        <signatureTitle>Manager, Corporate Actions and Proxy Rulings</signatureTitle>
        <signatureDate>2007-11-14</signatureDate>
    </signatureData>
</notificationOfRemoval>
