Extraordinary General Meeting of Julius Baer Holding Ltd.

Tuesday, 30. June 2009 17:30
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Zurich, 30 June 2009 --- At today's Extraordinary General Meeting of
Julius Baer Holding Ltd., the shareholders approved the separation of
Julius Baer's Private Banking and Asset Management businesses into
two fully independent entities, both individually listed on the SIX
Swiss Exchange.

Following the completion of the transaction, Julius Baer Group Ltd.
will focus on private banking services while GAM Holding Ltd. will
concentrate on active asset management. This move will substantially
increase the two companies' strategic flexibility and enhance their
market visibility. The transaction is expected to be completed during
the third quarter 2009, subject to regulatory approvals.

In detail, the Extraordinary General Meeting of Julius Baer Holding
Ltd. passed the following resolutions:

* The conversion of legal reserves info free reserves was approved.
* The change of corporate purpose by amending the Articles of
Incorporation was approved.
* The separation of the Private Banking and the Asset Management
businesses, subject to regulatory approvals, was approved with
shareholders agreeing to
- the distribution of a special dividend at the due date
as determined by the Company
- the change of name at the due date of the special
dividend by amending the Articles of Incorporation
- the election of Johannes A. de Gier, Hugh Scott-Barret
and Dieter A. Enkelmann as members of the Board of Directors,
replacing the current members at the due date of the special
dividend expected at the end of the third quarter 2009.
* The termination of the share buyback programme 2008-2010 approved
by the Ordinary Annual General Meeting 2008 was passed with the
technical cessation of the programme to be executed within in the
next few days.

As a result of a detailed analysis, the preferred securities in the
amount of CHF 225 million will not be bought back. It is the
intention to transfer the preferred securities to the balance sheet
of Julius Baer Group Ltd, subject to third-party approval.
The presentation to the Extraordinary General Meeting may be accessed
via www.juliusbaer.com/egm.


Media Relations Tel. +41 (0)58 888 5777
Investor Relations Tel. +41 (0)58 888 5256

--- End of Message ---

Julius Baer Holding
Bahnhofstrasse 36, P.O. Box Zurich

ISIN: CH0029758650; Index: SLCI, SMI, SMIEXP, SPI;
Listed: Main
Market in SIX Swiss Exchange;
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