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Press Release

Thursday, July 24, 2008

Julius Baer: Further strengthening of the Board of Directors - Leonhard H. Fischer to join

The Board of Directors of Julius Baer Holding Ltd. will propose Leonhard H. Fischer, Co-Chief Executive Officer and Member of the Board of Directors of RHJ International and former Chief Executive of the Winterthur Group and member of the Executive Board of the Credit Suisse Group, for election as a new member of the Board of Directors at the Annual General Meeting in 2009. His extensive knowledge of the financial services industry will further strengthen the Board of Directors.

With soon to be five members of the Board showing a background in the financial services industry, the Board of Directors of Julius Baer is fairly uniquely positioned.


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About Julius Baer

Julius Baer is the leading dedicated wealth manager in Switzerland. The Group, which has roots dating to the nineteenth century, concentrates exclusively on private banking and asset management for sophisticated private and institutional clients. With more than 4,200 employees worldwide, the Group managed assets in excess of CHF 360 billion at the end of June 2008. The Julius Baer Group's global presence comprises more than 30 locations in Europe, North America, Latin America and Asia, including Zurich (head office), Buenos Aires, Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, Milan, Moscow, New York, Singapore and Tokyo. Bank Julius Baer and GAM, a global asset manager focused on active and alternative wealth management, are the key companies of the Group. The registered shares of Julius Baer Holding Ltd. are listed on the SWX Swiss Exchange and form part of the Swiss Market Index (SMI) which comprises the 20 largest and most liquid stocks.

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