Credit Suisse Hires Simon Yuan as Co-head of Financial Institutions Greater China Coverage

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Credit Suisse announced today the appointment of Simon Yuan (袁崢怡先生) as a managing director and Co-head of Financial Institutions Greater China coverage team in the Investment Banking Department. Mr Yuan will spearhead the Bank's efforts to deliver more integrated financing and advisory products to its Chinese financial institution clients.

Mr Yuan will play a key role in developing relationships, originating and executing transactions for the Bank's financial institution clients, working closely with Janice Hu in her capacity as Co-head of Financial Institutions China and the China coverage team. Based in Hong Kong, Mr Yuan will report to Rob Jesudason, Head of Financial Institutions Coverage in Asia Pacific, and Liping Zhang, Head of Greater China Investment Banking Department.

Mr Yuan joins us from Merrill Lynch in Hong Kong where he had worked since 2004. During that time, he was Head of China Financial Institutions Group.

Mr Zhang said, "Simon brings a wealth of experience and ideas to Credit Suisse, having been heavily involved with many high profile restructurings, capital raisings and cross-border M&As in the Chinese financial sector."

Mr Jesudason added, "His appointment is an important step in helping to drive the growth of our financial institutions business, which is a cornerstone to further develop our investment banking franchise in the region."

Enquiries:

• Josephine Lee,Corporate Communications Credit Suisse,Tel. +852 2101 6041
• Adam Harper,Corporate Communications Credit Suisse,Tel. +852 2101 6139

Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment 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 46,700 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found atwww.credit-suisse.com.

Investment Banking
In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to users and suppliers of capital around the world. Operating in 57 locations across 30 countries, Credit Suisse is active across the full spectrum of financial services products including debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, and correspondent and prime brokerage services.

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