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.

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.

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.

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: CH0002267737 indexes: SPI

stockmarkets: regulated dealing: SIX Swiss Exchange
language: English

Rückfragen & Kontakt:

Benedikt Gratzl
Head Corporate Communications
T.: +41(61) 277 70 88
Benedikt.Gratzl@sarasin.ch

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