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.

Bank Sarasin regrets to announce the death of Hubertus Heemskerk, Vice-Chairman of its Board of Directors. He passed away on Tuesday, 22 March 2011 following a brief illness.

On behalf of Bank Sarasin the Chairman of the Board of Directors Christoph Ammann expressed his deepest sympathies to his family. "The loss of our esteemed colleague and Vice-Chairman of the Board of Directors comes as a terrible shock," said a stunned Christoph Ammann. "Our thoughts are with the family at this sad time. We will remember his exceptional personality as a banker whose astute vision always enabled him to grasp the wider picture."

end of announcement   euro adhoc

issuer:      Bank Sarasin + Cie AG
             Elisabethenstr.  62
             CH-4002 Basel
phone:       +41(61)277 77 77
FAX:         +41(61) 272 02 05
mail:        info@sarasin.ch
WWW:         http://www.sarasin.ch
sector:      Banking
ISIN:        CH0038389307
indexes:     SPIEX, SPI ex SLI

stockmarkets: official dealing/general standard: SIX Swiss Exchange language: English

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