All Motions Approved at BCV's Annual Meeting

BCV's Annual Shareholders' Meeting took place this afternoon at the Palais de Beaulieu in Lausanne, Switzerland. The shareholders approved all motions submitted by the Board of Directors, including the proposed distribution of an ordinary dividend of CHF 4.50 per share after the preference-dividend payout of CHF 2.69 per participation certificate. BCV's shareholders re-elected three members of the Board of Directors and approved another reduction of the Bank's participation-certificate capital via a second buyback in the amount of CHF 400 million. This follows an initial PC repurchase of CHF 200 million in 2005.

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.