The previously announced share buyback programme of Julius Baer Group Ltd. will be launched today, 23 May 2011, under the ticker symbol BAERE.VX. The buyback programme of up to 5% of the share capital outstanding per the end of 2010 and with a maximum value of CHF 500 million is expected to run until the next Ordinary Annual General Meeting, scheduled for 11 April 2012.

Please find detailed information in the announcement attached on the right-hand side.