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Abonner Bank J. Safra Sarasin AG

Bank J. Safra Sarasin AG

euro adhoc: Bank Sarasin + Cie AG
Mergers - Acquisitions - Takeovers / Rabobank holds the voting majority in Bank Sarasin & Co. Ltd

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
12.04.2007
Basel/Utrecht, 12 April 2007
After Rabobank - the triple-A rated Dutch financial services group - 
at the end of 2006 exercised its option to purchase all the shares in
Eichbaum Holding Ltd - a holding company owning a majority interest 
in Bank Sarasin & Co. Ltd. - the share purchase has been formally 
closed on 11 April 2007. As expected, all the preconditions have been
met and the necessary decisions and approvals obtained from the 
relevant authorities. Rabobank now owns 46.06% of the share capital 
and holds 68.63% of the voting rights, making it majority shareholder
in Bank Sarasin & Co. Ltd. Bank Sarasin retains its operational 
independence as a leading Swiss private bank and keeps its public 
listing on the Swiss Stock Exchange, SWX.
Bert Heemskerk, CEO of Rabobank Group: "Rabobank’s increased 
participation provides extra impetus to the growth strategy that Bank
Sarasin is committed to. It also means all conditions are in place to
step up cooperation between the two banks in selected areas, 
especially international markets."
Joachim H. Straehle, CEO of Bank Sarasin & Co. Ltd: "Now that the 
share purchase has been completed as expected, we can concentrate 
fully on implement-ing our growth strategy, with the backing of our 
new majority shareholder, the triple-A rated Rabo-bank."
For more information please contact:
Bank Sarasin & Co. Ltd
Benedikt Gratzl, Corporate Communications, Media Relations
Telephone +41 (0)61 277 70 88   e-mail:  benedikt.gratzl@sarasin.ch
Rabobank Group
Jan-Willem ter Avest, Press office
Telephone +31 (0)30 216 17 40   e-mail:  J.W.Avest@rn.rabobank.nl
Bank Sarasin & Co. Ltd - Responsibly yours - www.sarasin.com Founded 
in 1841, Bank Sarasin is today one of Switzerland’s leading private 
banking institutions. Its sustainable success is based on trust, 
confidentiality, expertise and dedication. Bank Sarasin’s core 
activities include investment advisory and asset management services 
for private and institutional clients, as well as an investment funds
business. Its complementary services extend to corporate finance and 
financial analysis. The Sarasin Group - headquartered in Basel, 
Switzerland - employs over 1,100 staff. In addition to its 
headquarters in Basel, the Bank has offices in Zurich, Geneva and 
Lugano in Switzerland. Internationally, the Sarasin Group has offices
in Dubai, Guernsey, Hong Kong, London, Luxembourg, Munich, Paris and 
Singapore. Bank Sarasin is a limited company. Its shares are listed 
on the Swiss Stock Exchange, SWX. Its majority shareholder, Rabobank,
is the only bank in the world without a state guarantee to enjoy a 
triple-A rating. Rabobank is one of the world's top twenty financial 
institutions, measured by core capital.
Rabobank - www.rabobank.com Rabobank Group is a full-range financial 
services provider founded on cooperative principles. The Group is 
comprised of 187 independent local Rabobanks in the Netherlands, the 
central organisation Rabobank Nederland and a large number of 
specialised subsidiaries. The Group’s core objective is to generate 
the highest possible customer value. To this end, the organisation 
offers its clients all the financial products and services they may 
want. Rabobank Group provides services to more than half of the Dutch
population (16 million) and Dutch companies. In the Netherlands, 
Rabobank has dominant market positions in almost all financial 
services areas: home mortgages, savings, small and medium-sized 
businesses, and the food & agri sector. It has also significantly 
strengthened its position in the large corporate market. Throughout 
the world, Rabobank Group, through Rabobank International, focuses 
primary on financing the international food & agri business, a niche 
market in which it has a leading position. Rabobank Group has been 
awarded the highest credit rating (Triple A), and has 288 offices in 
38 countries outside the Netherlands.
end of announcement                               euro adhoc 12.04.2007 07:00:00

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

Plus de actualités: Bank J. Safra Sarasin AG
Plus de actualités: Bank J. Safra Sarasin AG