Julius Baer's U.S. Asset Management Business, Artio Global Investors Inc., Commences Marketing of Initial Public Offering

Wednesday, 09. September 2009 07:00
Zurich / New York - 9 September 2009 - Julius Baer Holding Ltd.
announced today that its subsidiary Artio Global Investors Inc. (the
Company), the parent company of Artio Global Management LLC, has
launched marketing of its initial public offering in the United
States of 23,400,000 shares of its Class A common stock.

The underwriters have the option to purchase from the Company up to
an additional 3,510,000 shares of Class A common stock, on the same
terms and conditions, to cover over-allotments, if any. The proposed
offering is expected to price and be completed by 30 September, 2009.

The Company intends to use the net proceeds from the offering to
repurchase 21,000,000 shares of Class C common stock from Julius Baer
Holding Ltd. - equivalent to 50% of Julius Baer Holding Ltd.'s total
stake - and 1,200,000 shares of Class A common stock from each of
Richard Pell and Rudolph-Riad Younes.

The shares have been approved for listing on the New York Stock
Exchange under the ticker symbol "ART" and will commence trading upon
completion of marketing when the offering is priced.

Goldman, Sachs & Co. is serving as sole global coordinator and
bookrunner for the proposed offering, Merrill Lynch, Pierce, Fenner &
Smith Incorporated is acting as co-lead manager and Deutsche Bank
Securities Inc., UBS Securities LLC and Keefe, Bruyette & Woods, Inc.
are acting as co-managers for the offering.

A copy of the prospectus relating to these securities may be
obtained, when available, from: Goldman, Sachs & Co., 85 Broad
Street, NY, NY 10004, telephone: 1-866-471-2526, fax: 212-902-9316 or
email: prospectus-ny@ny.email.gs.com.

A registration statement relating to these securities has been filed
with the U.S. Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers to
buy be accepted prior to the time the registration statement becomes
effective. This release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any State in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such State.

Artio Global Investors Inc. is an asset management company that
provides investment management services to institutional clients and,
through its mutual funds, to retail clients.

Media Relations:
Julius Baer, Zurich, +41 58 888 8888
Artio Global (Neil Shapiro, Intermarket), +1 212 754 5423

Investor Relations:
Julius Baer, Zurich, +41 58 888 5256
Artio Global, Peter Sands, Head of IR, +1 212 297 3699

This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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