Creval Banking S.p.A., Creval banking group's new name following acquisition of the share held by Julius Baer.
Sondrio, December 6 2005 - Further to the press releases dated August 12 and October 12 2005 announcing termination of the private banking joint venture involving Credito Valtellinese Group and the Swiss Julius Baer group as well as Credito Valtellinese's consequent acquisition of control of Julius Baer Creval Private Banking S.p.A.,
This is to inform you that the Extraordinary Shareholders' Meeting of Julius Baer Creval Private Banking S.p.A. has made some amendments to the articles of association in relation to the bank's new ownership and inclusion in Credito Valtellinese Group. Specifically, it has ruled to adopt the name of Creval Banking S.p.A. and to delete the clauses establishing qualified majorities for resolutions passed by the Board of Directors and Shareholders' Meetings.
For further information, contact:
Deltas General Affairs Division
Telephone: +39 0342/522664
Email: dellapenna.alberto@creval.it
Diego Muffatti
Credito Valtellinese - Secretary of the Board of Directors
Telephone: +39 0342/522316
Email: muffatti.diego@creval.it
