ZURICH, Switzerland, August 24 /PRNewswire/ --

- Attachment: Organization chart as of October 1, 2007 can be downloaded 
as pdf on: http://www.presseportal.ch/fr/pm/100010813/clariden_leu_ag/?langid=2

As of October 1, 2007, Clariden Leu is simplifying its management
structure and pooling its expertise in the investment products and services
area in a newly-created division, Investment Products & Wealth Management
Services. Hans NÃŒtzi, up to now CEO of Private Banking at Clariden Leu, will
be appointed Deputy CEO of the bank and assumes the management of the new
division. In future, the market regions will be reporting to the CEO, F.
Bernard Stalder. This simplified organizational structure allows Clariden Leu
to continue to successfully implement the defined strategy and to shorten
decision-making paths. Clariden Leu reported a net profit of CHF 317 million
in the first half of 2007 and managed assets of CHF 133 billion as of June
30, 2007.

Walter Berchtold, Chairman of the Board of Directors of Clariden Leu,
commented: <>

F. Bernard Stalder, CEO Clariden Leu, adds: <>

Proven executives in new structures

The four market regions are headed by Adrian V. Nösberger, Private
Banking Switzerland & External Asset Managers, Adrian F. Leuenberger, Private
Banking Europe, Rémy L. de Bruyn, Private Banking Latin America & Senior
Private Bankers, and Roland Knecht, Private Banking Eastern Europe, Middle
East & Asia. Investment Products & Wealth Management Services will include
the four business areas of Investment Management, Structured Products &
Markets, Wealth Management Services and Investment Funds. With this pooling
of expertise, the cooperation between the different product areas is
strengthened and the innovative ability of Clariden Leu further increased.
The continuity in the client relationship management is guaranteed.

The four market region heads will also join the Executive Board of
Clariden Leu, which includes alongside the members Hans NÃŒtzi, Deputy CEO,
Roman Kurmann, CFO, Jean-Pierre Colombara, CRO, Roland Herrmann, COO, Othmar
Locher, HR, and Rudolf Hugentobler, Legal & Compliance.

Satisfying result during the first half-year of 2007

The assets under management increased by 7% to CHF 133 billion in the
first six months. The inflow of net new assets was CHF 2.7 billion. Without
the costs relating to the merger totaling around CHF 30 million, net profit
rose by 3% in the first half of 2007; including the merger costs, net profit
fell by 6% to CHF 317 million, compared to the pro forma first half of 2006.
Net revenues increased by 5% to CHF 857 million; operating expenses increased
by 15% to CHF 475 million.

Migration almost complete

The merger of the systems of Clariden Leu will be finished as planned at
the end of September 2007 with the migration of the IT platforms of the
former Clariden Bank and Credit Suisse Fides onto the uniform IT platform. At
the same time, the location consolidation is being carried out in Switzerland
and abroad. By the end of the third quarter of 2007, the former 15 locations
in Zurich will be consolidated, so that in the future Clariden Leu will have
six business locations in Zurich.

Clariden Leu Ltd came into being on January 26, 2007, as a result of the
merger of Credit Suisse's four private banks - Clariden, Bank Leu, Bank
Hofmann, and BGP Banca di Gestione Patrimoniale - as well as the securities
dealer Credit Suisse Fides. It is a leading private bank offering a
comprehensive and high-quality range of products and advisory services. With
over 20 offices worldwide, Clariden Leu serves wealthy clients with demanding
wealth management and product requirements, external asset managers, and
wholesale clients. With assets under management of some CHF 133 billion (as
at June 30, 2007), Clariden Leu is one of Switzerland's biggest asset
managers.

Cautionary Statement Regarding Forward-Looking and Non-GAAP Information

This press release contains statements that constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. In addition, in the future we, and others on our behalf, may make
statements that constitute forward-looking statements. Such forward-looking
statements may include, without limitation, statements relating to the
following:

- Our plans, objectives or goals;

- Our future economic performance or prospects;

- The potential effect on our future performance of certain
contingencies; and

- Assumptions underlying any such statements.

Words such as "believes," "anticipates," "expects," "intends" and "plans"
and similar expressions are intended to identify forward-looking statements
but are not the exclusive means of identifying such statements. We do not
intend to update these forward-looking statements except as may be required
by applicable securities laws.

By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, and risks exist that
predictions, forecasts, projections and other outcomes described or implied
in forward-looking statements will not be achieved. We caution you that a
number of important factors could cause results to differ materially from the
plans, objectives, expectations, estimates and intentions expressed in such
forward-looking statements. These factors include:

- The ability to maintain sufficient liquidity and access capital
markets;

- Market and interest rate fluctuations;

- The strength of the global economy in general and the strength of the
economies of the countries in which we conduct our operations in particular;

- The ability of counterparties to meet their obligations to us;

- The effects of, and changes in, fiscal, monetary, trade and tax
policies, and currency fluctuations;

- Political and social developments, including war, civil unrest or
terrorist activity;

- The possibility of foreign exchange controls, expropriation,
nationalization or confiscation of assets in countries in which we conduct
our operations;

- Operational factors such as systems failure, human error, or the
failure to implement procedures properly;

- Actions taken by regulators with respect to our business and practices
in one or more of the countries in which we conduct our operations;

- The effects of changes in laws, regulations or accounting policies or
practices;

- Competition in geographic and business areas in which we conduct our
operations;

- The ability to retain and recruit qualified personnel;

- The ability to maintain our reputation and promote our brand;

- The ability to increase market share and control expenses;

- Technological changes;

- The timely development and acceptance of our new products and services
and the perceived overall value of these products and services by users;

- Acquisitions, including the ability to integrate acquired businesses
successfully, and divestitures, including the ability to sell non-core
assets;

- The adverse resolution of litigation and other contingencies; and

- Our success at managing the risks involved in the foregoing.

We caution you that the foregoing list of important factors is not
exclusive. When evaluating forward-looking statements, you should carefully
consider the foregoing factors and other uncertainties and events, as well as
the information set forth in our Form 20-F Item 3 - Key Information - Risk
factors. This press release contains non-GAAP financial information.
Information needed to reconcile such non-GAAP financial information to the
most directly comparable measures under GAAP can be found in Credit Suisse
Group's Financial Review 2Q07 and Credit Suisse Group's Financial Statements
2007.

Contact:

    Thomas Ackermann, Head Marketing & Communications Clariden Leu
    Direct dial no: +41-58-205-34-44
    E-Mail: thomas.ackermann@claridenleu.com

    Dagmar Laub, Head Communications Clariden Leu
    Direct dial no: +41-58-205-37-10
    E-Mail: dagmar.laub@claridenleu.com