Credit Suisse Appoints John Kremer as Head of European Institutional Distribution for Asset Management

Business Wire, Oct 9, 2006

NEW YORK -- Credit Suisse today announced the appointment of John Kremer as Head of European Institutional Distribution for Asset Management. In this new role, Mr. Kremer will be responsible for relationship management and distribution activity for all institutional clients for Asset Management in Europe, the Middle East and Africa.

Mr. Kremer brings to this role nearly 20 years of international experience in the institutional distribution of financial products, with special expertise in the distribution of alternative investments and structured products. He joins Credit Suisse from Lehman Brothers in London, where he served as President of Lehman Brothers Alternative Investment Management, building and directing a global distribution team for their hedge fund, fund of funds, and commodity-related asset management products. Prior to Lehman Brothers, Mr. Kremer held senior distribution positions at UBS O'Connor in Hong Kong, Tokyo and London.

JC Perrig, Head of Distribution for Asset Management said, "We are very pleased to have Mr. Kremer join us. He brings to this role a wealth of experience in managing both businesses and teams, and his leadership will be beneficial as we continue to strengthen our distribution of both traditional and alternative products in Europe, Emerging Europe and the Middle East."

Mr. Kremer said, "I am excited to be joining JC and the Asset Management distribution team. This will be a great opportunity to work with some of the most capable people in the industry to continue to grow what is already a strong platform across Europe, and to expand our distribution to new institutional clients in Emerging Europe and the Middle East."

Mr. Kremer will be based in London and will report to JC Perrig.

Credit Suisse

As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse's asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse's asset management business is operated as a globally integrated network to deliver the bank's best investment ideas and capabilities to clients around the world.

The asset management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.