EANS-Adhoc: Bank Sarasin + Cie AG / Statement from Bank Sarasin & Co. Ltd in response to an article in the German journal FOCUS published 23 November 2009, page 130 ff.

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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23.11.2009

Following an article published in today´s edition of the German journal FOCUS
(page 130 ff, FOCUS issue no. 48 dated 23 November 2009), which conveyed the
false impression that Bank Sarasin & Co. Ltd had supposedly "secretly purchased
Douglas shares on behalf of Mr Mueller", Bank Sarasin sees it necessary to issue
the following statement in order to set the record straight:

Bank Sarasin & Co. Ltd has consistently met its legal disclosure obligations. As
recently as 22 July 2009, Bank Sarasin notified the German financial services
regulator, BUNDESANSTALT FUER FINANZDIENSTLEISTUNGSAUFSICHT, and DOUGLAS Holding
AG that it owns 10.80 % of the voting right in DOUGLAS Holding AG as part of its
own shareholdings. This notification was published both by the German financial
services regulator and DOUGLAS Holding on their respective websites. Bank
Sarasin´s purchase of the shares in question in DOUGLAS Holding was therefore
neither done secretly nor on behalf of Mr Müller or any other third party. The
fact is, Bank Sarasin acquired its stake in DOUGLAS Holding on its own account
and in order to hedge positions in its trading book.

Further inquiry note:
Benedikt Gratzl
Head Corporate Communications
T.: +41(61) 277 70 88
[email protected]
end of announcement euro adhoc
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issuer:   Bank Sarasin + Cie AG
          Elisabethenstr.  62
          CH-4002 Basel
phone:    +41(61)277 77 77
FAX:      +41(61) 272 02 05
mail:     [email protected]
WWW:      http://www.Sarasin.ch
sector:   Banking
ISIN:     CH0002267737
indexes:  SPI

stockmarkets: regulated dealing: SIX Swiss Exchange
language: English

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