BCV denies any manipulation of the OC Oerlikon share price

Lausanne, Switzerland, 14 July 2008 – In its editions of 6 and 13 July 2008, the Sonntagszeitung newspaper published articles alleging that BCV is suspected of manipulating the OC Oerlikon share price on 27 June.

BCV is aware of these articles and wishes to make its position absolutely clear.

The Bank categorically denies the allegations of share price manipulation. In its trading activities, BCV trades securities and derivatives based on various companies listed on the SWX Swiss Exchange, including Oerlikon. All transactions carried out by BCV are in line with normal trading floor activities and undertaken in accordance with the law and in keeping with ethical best practice principles.

Contact(s)

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

Jacques Chamot, Acting Press Officer
Phone +41 21 212 20 99
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; only the French version is authoritative.