Change in the Board of Directors

Change in the Board of Directors Peter Fanconi leaves the Board of Directors
effective immediately

Vaduz, 15 November 2013. There has been a change in the Board of Directors of
the Liechtensteinische Landesbank AG (LLB). Peter Fanconi is leaving effective
immediately to take on a new professional challenge. The Board of Directors
will propose a suitable replacement for election by the next General Meeting
of Shareholders.

The Government of the Canton of Graubünden has elected Peter Fanconi as the
new Chairman of the Graubündner Kantonalbank for the term commencing 1 April
2014. Peter Fanconi is therefore resigning from the LLB Board of Directors
effective immediately. On behalf of the entire Board of Directors, Chairman
Dr. Hans-Werner Gassner expresses his regret about the resignation: "We have
very much appreciated Peter Fanconi as a professional and as a human being. We
understand the personal reasons motivating him to take on this new
professional challenge. We would like to thank him for his valuable
contribution to the LLB Group and wish him all the best in his new position."

Peter Fanconi says: "I very much appreciate that I have been able to accompany
the Liechtensteinische Landesbank for a stretch of the way into its future.
The LLB Group is on course with its Focus2015 strategy. I am convinced that
this will enable it to position itself successfully for the long term."

According to article 12 of the LLB Act and article 14 of the Statutes, the
Board of Directors is composed of five to seven members. They are elected by
the General Meeting of Shareholders for three years. After the resignation by
Peter Fanconi, the body - now consisting of six members - will continue to be
in conformity with the law and the Statutes. The LLB Board of Directors plans
to propose a suitable replacement for election at the next General Meeting.
The LLB Group will provide information on the nomination in due course.

Important dates

  *Tuesday, 25 March 2014, presentation of the 2013 business result
  *Friday, 9 May 2014, 22nd ordinary Annual General Meeting

Brief portrait
Liechtensteinische Landesbank AG (LLB) is the longest established financial
institute in the Principality of Liechtenstein. The Principality of
Liechtenstein holds the majority of the company's share capital. The LLB's
shares are listed on the SIX Swiss Exchange (symbol: LLB). The LLB Group
offers its clients comprehensive wealth management services, as a universal
bank, in private banking, asset management and fund services. With around
1,000 employees, the LLB is represented in Liechtenstein, Switzerland, Austria
and the United Arab Emirates (Abu Dhabi and Dubai). As per 30 June 2013, the
LLB Group managed client assets totalling CHF 50.5 billion.


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