Subject: File No. 4-538
From: David Kaplan
Affiliation: Vice President UBS Financial Services

June 13, 2007

I believe we should not do away with 12B-1 fees.
As a provider to many 401k plans that are helping our baby boomers save for retirement, I would not be able to support, educate and help these clients with out any compensation.
Please rethink any thoughts about doing away with 12B-1 fees.
Thanks
David Kaplan