BCV's H1 05 Results: Net Profit +25%, Gross Profit +18%*

BCV Group's H1 05 gross profit improved 18% YoY to CHF228m, confirming the positive Q1 trend in operating income. Net profit jumped 25% to CHF248m thanks to ongoing efforts to generate recoveries on impaired loans and to the very low level of new provisioning needs. The Group is now moving ahead on its new CroisSens growth project in order to further expand BCV's home-market presence.

Contact(s)

Christian Jacot-Descombes, Press Officer
Phone + 41 21 212 28 61
E-mail

Wilhelm Blaeuer, Investor relations
Phone + 41 21 212 20 71
E-mail

This press release is being issued outside the trading hours of the SIX, Swiss Exchange in order to comply with the principles of ad hoc disclosure pursuant to the SIX listing rules.

The above text is a translation of the original French document entitled "Communiqué de presse: Résultats du Groupe BCV au 30 juin 2005"; only the French version is authoritative.