On 2 February 2007, the SWX Swiss Exchange (SWX) instituted an investigation against Société Bancaire Privée S.A. (Geneva) due to potential violations of Art. 72 of the Listing Rules as well as the Directive on Ad hoc Publicity. The preliminary investigations conducted previously by the SWX revealed that, among other things, in connection with the investigation instituted last year by the Federal Banking Commission (FBC) as well as with regard to a potential sale of the company, the possibility exists that the provisions of the Listing Rules governing ad hoc publicity were violated. At the request of the FBC and out of respect for the legal proceedings of the supervisory authority, the SWX postponed the announcement of this investigation. The duration of the ongoing investigation has not been determined. The SWX will announce the ultimate results, but will not provide any further information on the current proceedings.
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