Due to the good progress of the preparatory activities for the integration, the realignment of the Executive Boards of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd. will already come into effect on 1 January 2013. Gregory F. Gatesman, designated Chief Operating Officer, will join on 1 February 2013 at the expected formal completion of the acquisition.

The Principal Closing of the IWM acquisition marks the formal completion of the transaction as well as the beginning of the important integration phase.

The financial results of Julius Baer Group Ltd. for the full year 2012 will be published on 4 February 2013.