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Press Release

GAM Holding AG: Transfer of four million treasury shares into the current buy-back programme

Monday, December 05, 2011

Under its current buy-back programme with the purpose of capital reduction as at 2 December 2011, GAM Holding AG has repurchased a total of 8,585,000 own shares (4.37% of outstanding shares) at an average price of CHF 13.62.

On 5 December 2011, GAM Holding AG transferred from its 10,290,910 shares held in treasury, which it purchased at an average price of CHF 13.65, 4,000,000 shares (2.04% of outstanding shares) into its buy-back programme.

Details of the current buy-back programme can be found at www.gamholding.com.

For further information please contact:

Thomas Schneckenburger, Bluechip Financial Communications
T: +41 (0) 44 256 88 33

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