Replication Method Change for Seven CS ETFs

    LONDON, ENGLAND, March 30, 2012 /24-7PressRelease/ -- In November 2011, four Credit Suisse ETFs were converted from a synthetic to a physical replication method. The conversion was successful and aligned our product range closer with our preference for physical replication.

Since then, we have continued to monitor the remaining synthetic CS ETFs for opportunities to convert to a physical structure.

Between 30 April and 10 May 2012, seven further CS ETFs will be converted from synthetically to physically replicating funds. With this second wave of conversions, Credit Suisse ETFs continues to pursue its strategy of offering the highest levels of quality and transparency, positioning itself as one of the leading providers of physically replicating ETFs in Europe.

As a result of the conversion, the CS ETF (IE) on MSCI Russia will experience a change in the reference index it tracks. From 10 May 2012 and subject to shareholder approval, this fund will track the MSCI Russia ADR/GDR Index Net USD, and its name will be changed to CS ETF (IE) on MSCI Russia ADR/GDR to reflect this.

About Credit Suisse

Credit Suisse AG is among the most successful providers of Exchange Traded Funds (ETFs). In Switzerland, the bank has been the market leader for many years and it is the second-largest provider of physically replicated ETFs in all of Europe. The Credit Suisse ETF portfolio consists of 58 funds, which are listed on the five largest European stock exchanges and cover the most important equity and bond indices of the world's main stock exchanges and national economies. Thematic and regional funds for commodities, emerging markets, and alternative energies round out the product offering. The Credit Suisse ETF website has information on choosing the best ETF.

Website: https://csetf.com

# # #