The Bauer Partnership Appoints Brunswick UBS Warburg as Corporate Finance Advisors for Acquisitions

Press Release: The Bauer Partnership Inc.
February 12, 2002
LONDON -- The Bauer Partnership Inc. (OTCBB:BUER; ``BAUER'') yesterday announced the appointment of Brunswick UBS Warburg as the exclusive corporate finance advisor for acquisitions in Russia.

``The Russian market is currently undervalued relative to western property valuations, and we seek to capitalize on this through the acquisition of under-valued income-producing properties,'' said CEO Ronald J. Bauer. ``Brunswick UBS Warburg have been established in Russia for several years, and with their excellent track record of success we believe that BAUER will greatly benefit from this relationship,'' added Mr. Bauer.

About BAUER

BAUER is a Financial Services and Holding company that specializes in acquiring cash-flow positive commercial real estate assets on an international basis. BAUER fills a unique position in the market place by offering the ability to structure and finance sophisticated transactions in various geographies worldwide. BAUER seeks to utilize its listed equity to acquire existing hotel and commercial real estate assets to add significant increases in revenue and net asset value to its financial position.

About Brunswick UBS Warburg

Brunswick UBS Warburg is a joint venture between the Brunswick Group and UBS Warburg, a business group of UBS AG, one of the largest financial services firms in the world. Brunswick UBS Warburg is one of the premier investment houses in the Russian securities market, combining the Russian expertise and market authority of Brunswick with the global presence and experience of UBS Warburg and UBS AG. The firm offers a full range of equity brokerage, corporate finance and custody services to foreign and domestic institutional investors and corporate clients.

Statements contained in this release, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, demand and acceptance of new or existing businesses, capital resources and future financial results are ``forward-looking'' statements as contemplated by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information.

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Contact: 

     The Bauer Partnership Inc., London
     Daniel M. Bauer, +44 207 016 6708
     Fax: +44 207 493 1743
     E-mail: dan@bauer-partnership.com
     Web: www.bauer-partnership.com