Julius Baer Group Ltd. has concluded its share buyback programme initiated on 23 May 2011 which was carried out through the second trading line. Until 28 February 2012, 10,240,000 registered shares were repurchased at an average price of CHF 34.39 per share representing a total repurchase amount of about CHF 352 million. The Board of Directors of Julius Baer Group Ltd. will propose to the Ordinary Annual General Meeting on 11 April 2012 to cancel the shares bought back by means of a capital reduction.