Accor

UBS Investment Research Equity Rating & Price Target History UBS Investment Research Fundamental Credit Rating History UBS Company Rating UBS Credit View UBS Credit Rating Updated   Not Rated Not Rated Not Rated 05 Dec 2007     Not Rated Not Rated Not Rated 04 Oct 2007     N/A N/A N/A 20 Sep 2007     N/A N/A N/A 20 Jun 2007     N/A Deteriorating BBB- 14 Dec 2006     Sell Deteriorating BBB- 15 Nov 2006     Sell Deteriorating BBB- 25 Jan 2006     Hold Stable BBB- 16 Dec 2005     Under Review Stable BBB- 15 Dec 2005     Hold Improving BBB 09 Aug 2004   UBS Investment Bond Rating History UBS Bond Rating Rating Updated   Accor EUR 5.0 20 Dec 2006 Sell 25 Jan 2006     Accor EUR 5.0 20 Dec 2006 Sell 25 Jan 2006     Accor EUR 5.0 20 Dec 2006 Hold 16 Dec 2005     Accor EUR 5.0 20 Dec 2006 Under Review 15 Dec 2005     Accor EUR 5.0 20 Dec 2006 Hold 27 May 2004     Accor EUR 5.75 05 Jul 2006 Under Review 24 Nov 2005     Accor EUR 5.75 05 Jul 2006 Hold 27 May 2004   UBS Investment Research Credit Default Swaps Rating History UBS Credit Default Swaps Updated   Neutral 05 Dec 2007     Neutral 04 Oct 2007     Neutral 27 Apr 2007     Under Review 25 Apr 2007     Neutral 14 Dec 2006     Neutral 07 Dec 2006     Under Review 15 Nov 2006     Buy 10 Aug 2006     Buy 02 Aug 2006     Buy 26 Jul 2006     Buy 25 Jan 2006     Neutral 16 Dec 2005     Under Review 15 Dec 2005     Neutral 20 Jul 2005