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April 19, 2007

Credit Suisse/Tremont Hedge Fund
Credit Suisse/Tremont Sector Invest Hedge Fund Indices Complete Semi-Annual Rebalancing for April 2007

New York, April 17, 2007--Credit Suisse/Tremont Sector Invest Hedge Fund Indices Complete Semi-Annual Rebalancing for April 2007
 
The rebalancing resulted in the addition of twenty eight funds. The Sector Invest Indices are constructed on an objective, rules-based methodology, which includes the following criteria:
  • Funds are selected from the Credit Suisse/Tremont Hedge Fund Index
  • Funds generally represent a minimum of 70% of the AUM of the Investable universe of the Credit Suisse/Tremont Hedge Fund Index
  • Funds are determined by application of the Sector Invest Index construction rules

The funds that were added include: Navesink Investments, Arpeggio Fund, Iceberg Fund, Bear Stearns Emerging Markets Macro Overseas Fund, Russian Prosperity Fund, Martin Group, Anak European Fund, Dexia Money + Double Alpha, JANA Partners, Owl Creek Overseas Fund, PSAM WorldArb Fund, Platinum Grove Contingent Capital Fund, JB Diversified Fixed Income Hedge Fund, Dexia Money+ Credit Spread, Henderson Global Fixed Income Absolute Return Fund, Smith Breeden, Lansdowne Macro Fund, First Quadrant Global Macro Fund, Vega Select Opportunities Fund, Rodinia Fund, Cumber International SA, Odey Japan, Ascend Partners, BlueTrend Fund, IKOS Financial Fund, Lynx, IKOS Equity Hedge Fund and Clinton Multistrategy Fund.

Credit Suisse

As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 45,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) 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 .

In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. 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 18 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.

The asset management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.

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Certain statements in this Press Release constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. The Companies assume no obligation to update these forward looking statements to reflect actual results, changes in assumption or changes in other factors affecting such forward looking statements.

For further information:
Oliver Schupp, Credit Suisse, telephone 212 538 8179, oliver.schupp@credit-suisse.com
Meg Bode, Bode Associates, telephone 516 869 6610, meg@bodeassociates.com
Suzanne Fleming, Credit Suisse, telephone 212 325 7396, suzanne.fleming@credit-suisse.com


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