29th Apr 2008 16:45
Zurich Financial Services29 April 2008 Disclosure of shareholdings by JPMorgan Chase in accordance with Swiss StockExchange Law Zurich, April 29, 2008 - Zurich Financial Services, Mythenquai 2, 8002 Zurich,(Zurich) announces that it received a notification of shareholding as per April18, 2008 in accordance with articles 9 and 17 of the SESTO-SFBC and inconnection with article 20 of the Swiss Stock Exchange Law by JPMorgan Chase &Co, 270 Park Avenue, New York, NY 100017, USA, (JPM) on April 25, 2008.According to this notification, JPM along with its subsidiaries has exceeded thethreshold of 3 percent of voting rights on Zurich with purchase positions. 1. The reported purchase positions on registered Zurich shares include: • 3,284,060 registered shares (2.26%) • 507,450 long call options (0.35%) • 853,200 short put options (0.58%) • 183,254 equity swaps (0.13%) Together this equals a purchase position of 3.32% of the share capital and thevoting rights of Zurich entered in the commercial register. 2. The reported sale positions of registered Zurich shares include: • 1,586,000 long put options (1.09%) • 1,701,000 short call options (1.17%) • 170,498 equity swaps (0.12%) Together this equals a sale position of 2.38% of the share capital and thevoting rights of Zurich according to the entry in the commercial register. On April 29, 2008, the Disclosure Office of the SWX Swiss Exchange grantedZurich a relief from the disclosure requirements in accordance with article 20of the SESTO-SFBC. Detailed option conditions can be requested at ZurichFinancial Services, Investor Relations, [email protected], phone:+41 (0)44 625 22 99, free of charge. They will be sent to any interested partywithin two stock exchange days. 3. Identity of the individual Group members: • J.P. Morgan Securities Ltd., 125 London Wall, London EC2Y 5AJ, UK • J.P. Morgan Whitefriars Inc., 125 London Wall, London EC2Y 5AJ, UK • J.P. Morgan (Suisse) SA, 8 rue, de la confederation, P.O. Box 5160, 1211 Geneva 11, Switzerland • J.P. Morgan Trust Bank Ltd., Tokyo Building, 7-3 Marunouchi, 2 Chome, Chiyoda-ku, Tokyo 100-6432, Japan • J.P. Morgan Investment Management Inc., 245 Park Avenue, New York, NY 10167, USA • JF Asset Management Limited, 21st Floor Chater House, 8 Connaught Road, Central, Hong Kong • JPMorgan Asset Management (Japan) Limited, Tokyo Building, 7-3 Marunouchi, 2 Chome, Chiyoda-ku, Tokyo 100-6432, Japan • JPMorgan Asset Management (UK) Limited, 125 London Wall London EC2Y 5AJ, UK • JPMorgan Chase Bank, N.A., 1111 Polaris Parkway, Columbus, Ohio 43240, USA • Highbridge Capital Management, LLC, 9 West 57th Street, New York, USA 4. Nature of agreement: Group of companies 5. Proxy for Group members: Michael Kirwan, 125 London Wall, London EC2Y 5AJ,UK, phone: + 44 (0) 207 325 14 13. THIS RELEASE DOES NOT CONTAIN AN OFFER OF SECURITIES FOR SALE IN THE UNITEDSTATES; SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENTREGISTRATION OR EXEMPTION FROM REGISTRATION; AND ANY PUBLIC OFFERING OFSECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUSTHAT MAY BE OBTAINED FROM THE ISSUER AND THAT WILL CONTAIN DETAILED INFORMATIONABOUT THE COMPANY AND MANAGEMENT, AS WELL AS FINANCIAL STATEMENTS. Zurich Financial Services Group (Zurich) is an insurance-based financialservices provider with a global network of subsidiaries and offices in NorthAmerica and Europe as well as in Asia Pacific, Latin America and other markets.Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employsapproximately 60,000 people serving customers in more than 170 countries. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
JPM.L