Good first quarter results*

BCV Group's business trends clearly picked up in the first quarter of 2005. Gross profit was CHF 112 million, CHF 14 million higher than in the first quarter of 2004. This 14.5% increase was driven by higher revenues, which rose by 6.5%. The Group's improved operational performance was underpinned by resurgent momentum in the Bank's core businesses.

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

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