Streamlining of SWX Organisational Structure

The Committee of the SWX Swiss Exchange Board of Directors approved on 24 August 1999 measures aimed at streamlining the organisational structure of SWX. Within the framework of introducing a more product- and results-oriented management structure, the five former SWX business divisions will be amalgamated into three divisions: the Markets Division (headed by CEO Antoinette Hunziker-Ebneter), the Issuers Division (under Dr. Heinrich Henckel) and the Informatics Division (led by Jürg Spillmann). This organisational change is aimed at further increasing the efficiency of SWX. We will provide you with more detailed information on this and other topics at the annual press conference slated for 3 September 1999.