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Media Release

Credit Suisse Liquid Alternative Beta ("LAB") Index Up 0.92% in December

New York, January 5, 2012 The Credit Suisse LAB Index was up 0.92% in December according to Dr. Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.

Dr. Drachman noted, "The Credit Suisse Liquid Alternative Beta Index ("CSLAB"), which aims to reflect the performance of the overall hedge fund industry, finished up 0.92% in December. Three of the five sectors posted positive performance, including Event Driven which was the strongest performer, gaining 1.76%. Meanwhile, Merger Arbitrage was the lowest performing strategy, down 0.78% for the month; however, it remained the highest performing sector year-to-date, up 3.14%."

Performance for the LAB indices is shown below. Research, performance, descriptions, statistics and downloadable price history can be found on the Credit Suisse Alternative Beta website, www.credit-suisse.com/alternativebetaor on Bloomberg at .

Dec-11 Nov-11 YTD Credit Suisse Liquid Alternative Beta Index 0.92% -0.39% -0.06% Credit Suisse Event Driven Liquid Index 1.76% -1.57% 0.43% Credit Suisse Global Strategies Liquid Index 0.90% 0.13% -0.28% Credit Suisse Long/Short Liquid Index -0.04% -0.50% 0.35% Credit Suisse Merger Arbitrage Liquid Index -0.78% 0.36% 3.14%

Credit Suisse Managed Futures Liquid Index 0.19% 0.05% -3.55%

About LAB Indices

The LAB series of indices seek to replicate the aggregate return profiles of hedge fund strategies using liquid, tradable instruments. LAB indices are priced daily and constructed using an objective and transparent rules-based methodology, making them ideal candidates for index-linked products.

The LAB series includes six separate indices which are distinguishable in terms of their level of granularity, reflecting the belief that the various strategies within the hedge fund industry are exposed to different risks and as such need to be modeled separately:

1. The Credit Suisse Long/Short Liquid Index which seeks to reflect the return of hedge funds as represented by the Long/Short Equity sector of the Dow Jones Credit Suisse Hedge Fund Index. Bloomberg ticker, CSLABLS;

2. The Credit Suisse Event Driven Liquid Index seeks to reflect the return of hedge funds as represented by the

Event Driven sector of the Dow Jones Credit Suisse Hedge Fund Index, Bloomberg ticker, CSLABED and

3. The Credit Suisse Global Strategies Liquid Index seeks to reflect the return of all remaining hedge fund strategies not defined as Long/Short or Event Driven, Bloomberg ticker, CSLABGS;

Credit Suisse Asset Management, LLC

11 Madison Avenue
New York, NY 10010
U.S.A.
Tel. +1 212 325 7396
Fax +1 212 325 7924

4. The Credit Suisse Liquid Alternative Beta Index seeks to reflect the return of the overall hedge fund industry, as represented by the Dow Jones Credit Suisse Hedge Fund Index, by combining the Long/Short, Event Driven and Global Strategies Liquid Index models. Bloomberg ticker, CSLAB;

5. The Credit Suisse Merger Arbitrage Liquid Index seeks to gain broad exposure to the Merger Arbitrage strategy using a pre-defined quantitative methodology to invest in a liquid, diversified and broadly representative set of announced merger deals, Bloomberg ticker, CSLABMA.

6. The Credit Suisse Managed Futures Liquid Index seeks to gain broad exposure to the Managed Futures strategy using a pre-defined quantitative methodology to invest range of asset classes including: equities, fixed income, commodities and currencies, Bloomberg ticker, CSLABMF.

The LAB indices are benchmarked to the market-leading Dow Jones Credit Suisse Hedge Fund Indexes. As the industry's premier asset-weighted hedge fund indexes, the Dow Jones Credit Suisse Hedge Fund Index platform consists of a range of geographical and strategy-specific hedge fund indexes that are constructed from a proprietary database of more than 9,000 hedge funds which seeks to provide the most accurate representation of the hedge fund universe. Additional information about the Dow Jones Credit Suisse Hedge Fund Indexes -- including research, fund performance and constituent fund information -- can be found at www.hedgeindex.com.

Credit Suisse Asset Management, LLC is a subsidiary of Credit Suisse and is headquartered at 11 Madison Avenue, New York, NY 10010-3629.

Contact Information

Katherine Herring, Corporate Communications, Credit Suisse, +1 212 325 7545, katherine.herring@credit-suisse.com

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In its Asset Management business, Credit Suisse offers products across a broad spectrum of investment classes, including hedge funds, credit, index, real estate, commodities and private equity products, as well as multi-asset class solutions, which include equities and fixed income products. Credit Suisse's Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 19 countries, Credit Suisse's Asset Management business is operated as a globally integrated network to deliver the bank's best investment ideas and capabilities to clients around the world.
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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 without

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Fax +1 212 325 7924
obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

Certain information contained in this document constitutes "Forward-Looking Statements" (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target", "project", "estimate", "intend", "continue" or "believe", or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.

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Credit Suisse Liquid Alternative Beta (“LAB”) Index Up 0.92% in December