Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

40th Investment Company On The SWX Swiss Exchange

Date 14/05/2001

The shares of Absolute Private Equity AG, headquartered in Zug, Switzerland, were traded for the first time today on the SWX Swiss Exchange. The standard price was set at CHF 53. The opening price in SWX trading today stood 3% above that level at CHF 54.50, representing a total market capitalisation of CHF 692 million.

According to the listing prospectus, all 12'695'281 of the bearer shares reflected in the Commercial Register, equivalent to 100% of the company's outstanding stock, were to be listed in the investment company segment of the SWX Swiss Exchange.

Absolute Private Equity AG engages primarily in investments in private equity funds, whose strategy is to diversify across all sectors and whose shareholdings are to be found in US, European and other international buyout and venture capital funds. Absolute Private Equity is the fifth exchange-listed investment vehicle launched by the CS Group. Products under the Absolute name include Absolute Europe, Absolute Invest, Absolute Technology and Absolute US. The Absolute family has the second highest weighting in the investment companies index after Bank am Bellevue's BB Group.