• Julius Baer is publishing the result of the rights offering (the "Rights Offering") in connection with the partial financing of the acquisition of the International Wealth Management business of Bank of America Merrill Lynch outside the United States and Japan (IWM).
• By the end of the rights subscription period yesterday at 12:00 noon CET, 99.91% of the subscription rights had been validly exercised.
• A total of 20,316,285 new registered shares have been issued in connection with the rights offering.
• Julius Baer will obtain gross proceeds of CHF 492 million.

In the Rights Offering, a total of 20,316,285 new registered shares with a nominal value of CHF 0.02 each were offered to existing holders of Julius Baer shares at an issue price of CHF 24.20 per share. By the end of the rights subscription period, subscription rights for 20,297,448 new registered shares had been validly exercised, representing approximately 99.91% of the new registered shares offered.

The new registered shares will start trading today. Delivery of the new registered shares against payment of the subscription price is expected to occur on 22 October 2012.

Through this capital increase, Julius Baer will obtain gross proceeds of CHF 492 million which will be used as part of the financing of the IWM acquisition. After completion of the Rights Offering, Julius Baer will have an issued share capital of CHF 4,334,140.82 divided into 216,707,041 registered shares.

This media release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, or any offer to underwrite or otherwise acquire any shares in Julius Baer Group Ltd. (the “Company“) or any other securities nor shall it or any part of it nor the fact of its distribution or communication form the basis of, or be relied on in connection with, any contract, commitment or investment decision in relation thereto. Any decision to purchase registered shares of the Company in the context of the Rights Offering should be made solely on the basis of information contained in the Offering Circular and any supplements thereto. Copies of the Offering Circular and any supplements thereto are available free of charge in Switzerland at Credit Suisse AG, Zurich, Switzerland (Telephone +41 (0) 44 333 4385; Fax +41 (0) 44 333 3593; email: equity.prospectus@credit-suisse.com). This media release does not constitute a prospectus pursuant to art. 652a and/or 1156 of the Swiss Code of Obligations or art. 27 et seq. of the listing rules of the SIX Swiss Exchange.

The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the “Securities Act”) and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. There will be no public offer of registered shares of Julius Baer Group Ltd. in the United States, Australia, Canada, and Japan.