Bank J. Safra Sarasin AG

euro adhoc: Bank Sarasin + Cie AG
Joint Ventures/Cooperation/Collaboration / Invitation to Media and Analysts Conference

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Plant Openings

09.07.2007

Bank Sarasin and AIG Private Bank set up a new bank catering to affluent clients Basel/Zurich, 9 July 2007 - The Swiss financial services industry is about to welcome a newcomer: a bank dedicated to providing clients with investment and savings solutions. Bank Sarasin & Co. Ltd and AIG Private Bank Ltd. plan to combine their direct business with affluent clients and their business with independent financial providers - but not with the external asset managers - to form a new bank. This new financial institution will initially have over 235,000 clients in Switzerland, Germany and Austria and will manage assets of approximately CHF 8 billion. The bank is due to start business by the end of 2008 at the latest, once the relevant approvals have been obtained from the Swiss Federal Banking Commission (SFBC).

Media and Analysts Conference

Bank Sarasin and AIG Private Bank set up a new bank catering to affluent clients

Dear Sir or Madam

Last weekend Bank Sarasin and AIG Private Bank signed a letter of intent for the new collective banking venture. Full details of the new venture will be presented at a Media and Analysts Conference.

We would like to invite you to attend this conference, which will be held on:

9 July 2007 at 10:15 a.m. in the Hotel Hyatt, Beethoven-Strasse 21, CH 8002 Zurich

The Media and Analysts Conference will be attended by:

Eduardo Leemann, Chairman of the Board, AIG Privat Bank

Joachim H. Straehle, CEO, Bank Sarasin & Co. Ltd

Marco Weber, COO Private & Institutional Clients Switzerland, Bank Sarasin & Co. Ltd

Niklaus Siegrist, Head of Fund Clients Business, AIG Privat Bank

We look forward to seeing you there. Please use the attached reply coupon to confirm your attendance.

For more information please contact: Sacha Wigdorovits Contract Media AG Seefeldstrasse 281 CH-8008 Zurich Tel. +41 (0)44 209 60 00 Fax +41 (0)44 209 60 10

Encl: Reply coupon for Media Conference on 9 July 2007

Media and Analysts Conference

Bank Sarasin and AIG Private Bank set up a new bank catering to affluent clients

Monday, 9 July 2007, 10.15 a.m., Hotel Hyatt, Zurich

Registration

Last name/First name      _____________________________________

Medium / Company            _____________________________________

Address _____________________________________

Postcode/Town    _____________________________________

Telephone          _____________________________________

Fax        _____________________________________

E-Mail  _____________________________________

( ) I shall be attending the Media and Analysts Conference.

( ) Unfortunately I am unable to attend, but please send me the relevant documents.

Please register by fax or e-mail to:

Contract Media AG

Tel.      +41 (0)44 209 60 00
Fax        +41 (0)44 209 60 10
Mail      info@contractmedia.ch

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ots Originaltext: Bank Sarasin + Cie AG
Im Internet recherchierbar: http://www.presseportal.ch

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

Branche: Banking
ISIN:      CH0002267737
WKN:        872869
Index:    SPI
Börsen:  SWX Swiss Exchange / regulated dealing



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