Bank J. Safra Sarasin AG

euro adhoc: Bank Sarasin + Cie AG
Mergers - Acquisitions - Takeovers
Sale of Bank Jenni/Completion of the acquisition of Chiswell (E)

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Bank Sarasin & Co. Ltd is selling Bank Jenni & Cie, SA to the Geneva Mirabaud & Cie banquiers privés and to the Executive Management of Bank Jenni.

The acquisition by Bank Sarasin of the asset management company Chiswell Associates Limited is as of the end of May completed.

end of announcement            euro adhoc 03.06.2004

Further inquiry note: Jacqueline Schreiber Corporate Communications T.: +49(61)277 72 99

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

Weitere Meldungen: Bank J. Safra Sarasin AG

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