Credit Suisse and Skolkovo Annouce Strategic Partnership

Credit Suisse, one of the world's leading banks and SKOLKOVO, Russia's principal international business school, are pleased to announce a strategic partnership. Credit Suisse will be represented by Fawzi Kyriakos-Saad, Chief Executive Officer of Russia, the CIS and Turkey, on SKOLKOVO's Coordination Council and International Advisory Board.

Speaking about the partnership, Fawzi Kyriakos-Saad, Chief Executive Officer of Russia, the CIS and Turkey for Credit Suisse, said: "We are proud to partner with Russia's first international business school. Investing in education is of utmost importance at Credit Suisse and we look forward to working with SKOLKOVO, its staff, students and the other local business leaders committed to this initiative".

The partnership underscores Credit Suisse's commitment to the Russian market. Credit Suisse has been involved in Russia for over four decades and open edits first office in Russia in 1991. The Bank is a leading advisor to government, corporate and private clients in Russia and has offices in Moscow and St Petersburg. Credit Suisse is the only international bank working with SKOLKOVO as a founding partner.

As a founding partner, Credit Suisse will be involved in strategic and operational decision-making at the School. Its management will be instrumental in mentoring the students and contributing to master classes and lectures. Credit Suisse will also have priority access to SKOLKOVO graduates during the recruitment process.

"Credit Suisse is investing in SKOLKOVO at an exciting time for the School. September 2009 marks the start of the first full time MBA class, completing the School's academic offering. The new campus is in its final stage of construction and will welcome students in September", commented Andrei Volkov, Dean of SKOLKOVO.

"We look forward to partnering with Credit Suisse and welcoming the next generation of entrepreneurs and business leaders to our respective institutions," added Wilfried Vanhonacker, SKOLKOVO Dean.

Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 49,000 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com

SKOLKOVO Moscow School of Management
The SKOLKOVO Moscow School of Management - is a joint project of Russian and international business representatives, who joined their efforts to create a business new-generation school from scratch. By sharing practical knowledge, the Moscow School of Management dedicates itself to training leaders, who intend to implement their professional knowledge in the conditions of rapidly developing markets. SKOLKOVO is defined by: leadership and business undertakings, rapidly developing markets focus, innovative approach towards educational methods.

The SKOLKOVO Moscow School of Management project is fulfilled by the governmental-private partnership within the framework of the Education Foreground National Project. The project is financed by private investors, and doesn't use governmental budget recourses. The President of the Russian Federation Dmitry Anatolyevich Medvedev is Chairman of the SKOLKOVO International Advisory Board.

Since 2006 SKOLKOVO conducts short educational programs Executive Education for top and medium-level managers - the programs are held in an open manner, and specialized, developed basing on the companies requests comprehensive modules. In January 2009 the school started the Executive program; the enrollment for the second class, which will begin studying in January 2010, has already started. The enrollment of the first international Full-time MBA program class is almost over, the classes will start in September 2009.