Credit Suisse Group Announces New Appointments to the Group Executive Board


ZURICH, Switzerland, June 19, 2003 (PRIMEZONE) -- Credit Suisse Group (NYSE:CSR) (Other OTC:CSGKF) today announced the strengthening of its Executive Board to include the following new Members: Walter Berchtold, Leonhard Fischer and Barbara Yastine. The appointments are effective July 1, 2003.

Credit Suisse Group's Board of Directors has appointed the following Senior Managers from across its businesses as Members of its Executive Board, effective July 1, 2003:

Walter Berchtold

Head of Trading & Sales, Credit Suisse First Boston Switzerland and designated Head of Trading & Sales, Credit Suisse Financial Services (as of September 1, 2003)

Leonhard Fischer

Chief Executive Officer, Winterthur Group

Barbara Yastine

Chief Financial Officer, Credit Suisse First Boston

Oswald J. Grubel and John J. Mack, Co-CEOs of Credit Suisse Group, stated: "The new Members of the Group Executive Board, with their extensive leadership experience and skills spanning core areas of our businesses, will make a significant contribution to Group decision-making."

The CVs of the new Members of the Group Executive Board are available on the Internet at: www.credit-suisse.com/management.

Credit Suisse Group

Credit Suisse Group is a leading global financial services company headquartered in Zurich. The business unit Credit Suisse Financial Services provides private clients and small and medium-sized companies with private banking and financial advisory services, banking products, and pension and insurance solutions from Winterthur. The business unit Credit Suisse First Boston, an investment bank, serves global institutional, corporate, government and individual clients in its role as a financial intermediary. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and Frankfurt, and in the form of American Depositary Shares (CSR) in New York. The Group employs around 73,000 staff worldwide. As of March 31, 2003, it reported assets under management of CHF 1,160.5 billion.

The press release can be downloaded from the following link: http://reports.huginonline.com/908464/119609.pdf



            

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