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Credit Suisse Announces Launch of the "GLDI" ETN Providing Exposure to a Covered Call Strategy on Gold Shares with Variable



   Credit Suisse Announces Launch of the "GLDI" ETN Providing Exposure to a
Covered Call Strategy on Gold Shares with Variable Monthly Cash Distributions

The new Product is Linked to the Credit Suisse NASDAQ Gold FLOWS™ 103 Index

PR Newswire

NEW YORK, Jan. 29, 2013

NEW YORK, Jan. 29, 2013 /PRNewswire/ -- Credit Suisse today announced the
launch of its new Gold Shares Covered Call ETN which is listed under the
ticker symbol "GLDI" and began trading on the NASDAQ this morning. GLDI is the
first exchange traded product in the US market to offer investors access to a
covered call strategy on a gold investment and is designed to pay variable
monthly coupons.

(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO )

GLDI, which tracks the Credit Suisse NASDAQ Gold FLOWS^™ (Formula-Linked
OverWrite Strategy)103 Index, seeks to implement a rolling "covered call"
investment strategy by maintaining a notional long position in shares of the
SPDR® Gold Trust ETF (GLD) while notionally selling monthly out-of-the-money
call options on that position. Holders of GLDI will be entitled to receive
variable monthly payments based on the notional option premiums received from
the sale of the covered call options each month.

"Gold is often criticized as a portfolio investment because of its lack of any
yield," said Greg King, head of exchange traded products in Credit Suisse's
Investment Bank. "Covered call strategies however, are designed to enhance
yield in exchange for sacrificing part of the upside of an investment
position. GLDI seeks to provide investors and their advisors an interesting
new way to introduce monthly cash flows into their portfolios."

Credit Suisse partnered with NASDAQ OMX in creating the FLOWS^™ suite of
indices that the ETN tracks. "We are elated that the Credit Suisse Gold
FLOWS^™ 103 Index ETN has listed on The NASDAQ Stock Market and is now
available to investors," said Robert Hughes, Vice President, NASDAQ OMX Global
Indexes. "Based on uncertainty in the global marketplace, investors continue
to look for access to gold and income. GLDI provides access to these two key
investment themes in a transparent rules-based methodology. Credit Suisse is a
valuable partner of ours and bringing the FLOWS index family and GLDI to
market demonstrates our shared commitment to giving investors more flexibility
in customizing their investment strategies."

More information on the Credit Suisse Gold FLOWS^™ 103 Index ETN can be found
on: www.credit-suisse.com/etn

Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers
and is part of the Credit Suisse group of companies (referred to here as
'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer
clients its expertise in the areas of private banking, investment banking and
asset management from a single source. Credit Suisse provides specialist
advisory services, comprehensive solutions and innovative products to
companies, institutional clients and high net worth private clients worldwide,
and also to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50 countries worldwide. The group employs
approximately 48,400 people. The registered shares (CSGN) of Credit Suisse's
parent company, Credit Suisse Group AG, are listed in Switzerland and, in the
form of American Depositary Shares (CS), in New York. Further information
about Credit Suisse can be found at www.credit-suisse.com.

Credit Suisse has filed a registration statement (including a prospectus) with
the Securities and Exchange Commission, or SEC, for the offering to which this
press release relates. Before you invest, you should read the prospectus in
that registration statement and the applicable pricing supplement, the
prospectus supplement dated March 23, 2012 and the prospectus dated March 23,
2012 that Credit Suisse has filed with the SEC for more complete information
about Credit Suisse and this offering. You may obtain these documents without
cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively,
Credit Suisse or any agent or any dealer participating in this offering will
arrange to send you the applicable pricing supplement and the prospectus
supplement and prospectus if you so request by calling 1-800-221-1037.

This document was produced by and the opinions expressed are those of Credit
Suisse as of the date of writing and are subject to change.

Copyright © 2013, CREDIT SUISSE GROUP AG and/or its affiliates.  All rights
reserved.

SOURCE Credit Suisse AG

Website: http://www.credit-suisse.com
Contact: Katherine Herring, +1-212-325-7545,
katherine.herring@credit-suisse.com
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