Credit Suisse Hires Michael D. Ryan as Head of Securities for the Investment Banking Division.

NEW YORK -- We are pleased to announce that Michael D. Ryan is joining Credit Suisse to be Head of Securities for the Investment Banking Division. In this new role, Mr. Ryan will be responsible for Credit Suisse's global securities businesses and will serve as a member of the Investment Banking Division Management Committee. Mr. Ryan will be joining Credit Suisse mid-year and will be based in New York, where he will report to Brady Dougan, CEO of the Investment Banking Division for Credit Suisse.

Mr. Ryan will work closely with Jim Healy and Tony Ehinger, Heads of Fixed Income and Equities, respectively, to capitalize on the strong securities platforms Credit Suisse has built.

"Mike will enhance our outstanding management team as we continue to grow our securities businesses aggressively, consistent with our strategy," said Mr. Dougan. "I intend to work closely with Mike, Jim, and Tony in taking these businesses to the next level."

Mr. Ryan joins Credit Suisse after a distinguished 18-year career at Goldman, Sachs and Company. As a partner and managing director, Mr. Ryan has been global co-head of the equity products group with responsibility for all client-related products and services in the equities division at Goldman Sachs. Prior to assuming this role, Mr. Ryan held various positions at Goldman, including co-head of global equity derivatives and, prior to that, he worked in the equity capital markets, fixed income and investment banking divisions. Mr. Ryan has worked in Goldman's New York, London, Hong Kong and Tokyo offices. He also served as a member of that firm's fixed income and equity division joint operating committee and the partnership committee.

Credit Suisse is one of the world's leading investment banks with world-class fixed income and equities businesses. Its securities teams command a preeminent position among corporate, institutional and sovereign clients based on the Bank's strengths in execution, content, sales, trading and underwriting. Credit Suisse has a consistent track record of innovative and landmark transactions as it conducts business across the full spectrum of products in every region around the globe.

"I am convinced that at Credit Suisse, Mike's insight, drive for excellence, management skills and overall knowledge of the business will enhance and expand upon the success of our securities businesses," said Mr. Dougan.

About 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 45,000 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 (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com

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 26 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.