euro adhoc: Bank Sarasin + Cie AG / other / New organisational structure of the Sarasin Group increases focus on clients and markets

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

Change within organisational structure

18.11.2008

The Sarasin Group´s growth strategy aims to achieve a strong and
distinctive positioning as an internationally active Swiss private
bank. The Board of Directors has underscored this positioning by
merging the two divisions Private & Institutional Clients Switzerland
and International. In future only one division will therefore be
responsible for client acquisition and advisory services in the
Bank´s global private banking activities. At the same time the
structure of the new division will be organised along the lines of
the geographical markets targeted by the Bank. The new structure is
intended to further improve the organisational framework for gearing
the Bank´s internal business processes to the needs of its private
clients. The new Private Banking Division will be jointly managed by
Fidelis M. Goetz and Eric G. Sarasin. The Bank´s new organisational
structure comes into effect on 1 January 2009.

New organisational structure based on geographical markets instead of
locations The Board of Directors has decided to streamline the
management structure as of 1 January 2009 (see organisational chart
on the 2nd page of the media release). This move is designed to
provide greater focus on clients and geographical markets, and
thereby improve the growth prospects for assets under management and
the revenues generated in Sarasin´s core business. Bringing together
the Sarasin Group´s entire private clients business in one division
allows the responsibility for sales and marketing activities to be
clearly delegated. The new organisational structure will therefore be
geared primarily towards the client's domicile rather than the
locations where the client relationship manager are based. In
addition the business with external asset managers will be
transferred from the Asset Management, Products & Sales Division to
the new Private Banking Division.

Organisational structure geared to future growth Joachim H. Straehle,
Chief Executive Officer of the Sarasin Group: "The Bank´s dynamic
pace of growth over the last two years has brought about the need for
our internal structures to be optimised. Pooling resources for our
entire private banking operations in just one division allows for the
alignment of our marketing initiatives in the various target markets
where our clients are domiciled. This creates the right conditions
for the further expansion of the Sarasin Group to which we are
committed in the coming years."

Strengthening of the sales organisation in the institutional clients
business As of 1 January 2009, the advisory business for
institutional clients, currently part of the Private & Institutional
Clients Switzerland Division, will be merged with the wholesale
business, which involves the marketing of investment products via
third-party banks and other distribution partners. The importance of
the risk-reward profile of the asset management offering and of
investment products for this business has been recognised by making
it into a new Business Unit in the Asset Management, Products & Sales
Division.

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: Bank Sarasin & Cie AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Benedikt Gratzl

Corporate Communications

Tel +41 61 277 7088

benedikt.gratzl@sarasin.ch

Branche: Banking
ISIN: CH0002267737
WKN: 872869
Index: SPI
Börsen: SWX Swiss Exchange / regulated dealing