Credit Suisse plans to further expand local presence in Qatar

Doha, November 3, 2011 - Credit Suisse announced it is further strengthening its presence in Qatar with the establishment of a new office in Doha. The Bank has moved into its new premises in the Tornado Tower, on the eve of its second annual Emerging Markets Leadership Forum Conference in Doha. At the same time, Credit Suisse announced plans to expand its local product offering in 2012 by providing asset management services to local and international investors, following regulatory approvals.

Aladdin Hangari, CEO of Credit Suisse in Qatar, said, "Our decision to expand our presence here reflects the importance we give to the Qatari market and its growing role in the larger MENA region."

Credit Suisse's Board of Directors meeting was held in Qatar last week and Credit Suisse has been hosting its second annual Emerging Markets Leadership Forum in Doha, which has seen the participation of global investors from over 50 global companies from more than 20 countries. The hosting of the conference in Doha also underpins Credit Suisse's recognition of Qatar's rapidly growing status as a financial and investment hub.

Credit Suisse is highly committed to the Middle East market and has been building its expertise in the region for over four decades. It was one of the first foreign banks to establish operations in the region and has offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Manama and Riyadh.

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Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 50,700 people. 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 at www.credit-suisse.com.

Credit Suisse has been active in the Middle East for more than 40 years. The bank rapidly expanded over the decades to offer the full spectrum of financial solutions in key regional markets and today has offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Manama and Riyadh. Its strong footprint enables Credit Suisse to leverage its global expertise in banking, product development, research and investment advisory to serve clients in the region. Further information about Credit Suisse can be found at www.credit-suisse.com.

Enquiries
Monika Sasse, Corporate Communications, ph: +966 1 203 9790, monika.sasse@credit-suisse.com

Baiju Francis, Weber Shandwick, 9714 32100 77, baiju.francis@ws-mena.com

Dhanya Issac, Weber Shandwick, 9714 32100 77, dhanya.isaac@ws-mena.com