New Issue: Credit Suisse sells $29.59 million buffered return notes on Asian indexes via JPMorgan

By Susanna Moon

Chicago, June 15 - Credit Suisse AG, Nassau Branch priced $29.59 million of 0% buffered return enhanced notes due July 8, 2011 based on a basket of indexes and their related currencies, according to a 424B2 filing with the Securities and Exchange Commission.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.

The basket consists of the Hang Seng China Enterprises index multiplied by the performance of the Hong Kong dollar with a 33% weight, the Korea Composite Stock Price Index 200 multiplied by the performance of the Korean won with a 24% weight, the MSCI Taiwan index multiplied by the performance of the Taiwan dollar with a 21% weight, the Hang Seng index multiplied by the performance of the Hong Kong dollar with a 14% weight and the MSCI Singapore index multiplied by the performance of the Singapore dollar with an 8% weight.

The payout at maturity will be par plus double any basket gain, up to a maximum return of 18.68%.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Buffered return enhanced notes
Underlying basket:	Hang Seng China Enterprises index multiplied by the performance of the Hong Kong dollar (33% weight), Korea Composite Stock Price Index 200 multiplied by the performance of the Korean won (24% weight), MSCI Taiwan index multiplied by the performance of the Taiwan dollar (21% weight), Hang Seng index multiplied by the performance of the Hong Kong dollar (14% weight) and MSCI Singapore index multiplied by the performance of the Singapore dollar (8% weight)
Amount:	$29,585,000
Maturity:	July 8, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, capped at 18.68%; 1.1111% loss for every 1% drop beyond 10%
Initial index levels:	11,340.38 for Hang Seng China, 219.22 for Kospi, 259.51 for MSCI Taiwan, 19,872.38 for Hang Seng and 329.62 for MSCI Singapore
Initial spot rates:	0.128307 for Hong Kong dollar, 0.000803 for Korean won, 0.030892 for Taiwan dollar and 0.712809 for Singapore dollar
Pricing date:	June 11
Settlement date:	June 16
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	1%
Cusip:	22546EWQ3

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