Credit Suisse to Extend Uetlihof Administration Center

Extension by around 2,000 Workstations.

Credit Suisse is planning to extend its Uetlihof Administration Center. This week the planning application for an extension with some 2,000 new workstations will be submitted.

The extension will comprise ten floors above ground and will therefore be around 14 meters higher than the existing Uetlihof main building in which some 5,500 employees are based. A distinctive polygonal building will be created. To enable daylight to enter the interior of the building, three courtyards are planned that will be open from top to ground level. To complement the extension, various facilities including an additional staff restaurant, a new sports zone for employees, a new utility center, as well as a new delivery entrance, are planned.

Stücheli Architekten of Zurich, the same firm of architects that drew up the plans for the original Uetlihof built between 1974 and 1979, is designing the extension. The aim is to construct the extension in accordance with the Minergie standard and to supplement it with the Minergie-ECO label. Credit Suisse plans to embark on construction in spring 2008 so that the new section of the Uetlihof is ready for occupation in 2010.

Credit Suisse intends to close down smaller rented - and at the same time costly - premises located mainly in and around the center of Zurich and instead to concentrate its workstations in large-scale buildings such as the extended Uetlihof. This will not only reduce the costs and environmental burden per workstation, but will also enable the additional requirements to be better met in terms of communication, teamwork and knowledge transfer. There will be team zones, meeting points and technology zones in both the existing Uetlihof and the extension, which employees will be able to make use of in a task-related manner.

As before, accessibility is to be provided primarily by means of public transportation. Since the opening of Sihlcity, the number 5 tram has been running to Laubegg, which is located just below the Uetlihof. The Uetlihof is therefore served by two tram routes (13 and 5) as well as bus number 89. In connection with the extension, it is also planned to revamp the pedestrian access from the Saalsporthalle SZU station to the Uetlihof.
Enquiries:

* Media Relations Credit Suisse, Tel. +41 844 33 88 44, media.relations@credit-suisse.com