Tee Fong Seng appointed Vice Chairman Private Banking Asia Pacific at Credit Suisse

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Credit Suisse announced today that Tee Fong Seng has been appointed Vice Chairman and Head of Ultra High Net Worth (UHNW) for Private Banking Asia Pacific, effective August 1, 2009. He will be based in Singapore and will report to Marcel Kreis, Head of Private Banking Asia Pacific. In his new role, Mr. Tee will provide important support to the strategic direction and oversight of Credit Suisse's Private Banking business and its market and segment initiatives in the region. He will also be responsible for the strategy and business development of the important UHNW segment in Asia Pacific, driving the creation of an integrated client value proposition and a differentiated experience spanning investment solutions and family advisory services.

Mr. Tee was most recently the Head of Wealth Management South East Asia and Deputy Branch Manager, UBS Singapore. Mr. Tee brings with him more than 30 years of global banking experience across a wide spectrum of responsibilities and management positions. He also sits on the Financial Industry Competency Standards (FICS) Steering Committee of the Institute of Banking and Finance in Singapore as well as chairs the FICS Wealth Management Working Group.

Mr. Kreis said "We are delighted to welcome Fong Seng to Credit Suisse. He has an enormous wealth of experience in providing private banking services to UHNW Asian clients, which is a key client segment not only for Credit Suisse's Private Banking business but also for the success of our integrated bank strategy. This senior appointment demonstrates Credit Suisse's continued strong commitment to its Private Banking franchise in Asia. With the depth of Fong Seng's experience and his caliber as a private banker, we will be able to further cement our leading position by leveraging our strong integrated bank platform together with Investment Banking and Asset Management, as well as the specialist expertise within Private Banking dedicated to serving UHNW clients. Fong Seng will be a key driver in cross-divisional collaboration within the bank to offer comprehensive world-class financial products, solutions and wealth management services to our UHNW client base."

Enquiries:

• Edna Lam,Tel. +65 6212 6702,edna.lam@credit-suisse.com
• Juliette Leong,Tel. +65 6212 6472,juliette.leong@credit-suisse.com

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.

Private Banking
In Private Banking, Credit Suisse provides comprehensive advice and a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally. Wealth management solutions include tax planning; pension planning; life insurance solutions; wealth and inheritance advice, trusts and foundations. In Switzerland, Credit Suisse supplies banking products and services to private banking clients as well as to business and retail clients.

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