**Exhibit 1.1**

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ARTICLES OF  ASSOCIATION

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**Articles of Association**

**Credit Suisse      Group**

Version as    of April 30, 2004

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| **I.**                                                                                                                                                                                         | **Corporate    Name, Registered Office, Duration and Purpose**                                                                                                                                                                                                                                                                                                                                   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                             |
| Art. 1                                                                                                                                                                                         |
| Corporate    Name, Registered Office and Duration                                                                                                                                              |
| A stock        corporation under the name Credit Suisse Group (the “Company”)        is established with its registered office in Zurich, Switzerland. Its    duration is unlimited. |
|                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                             |
| Art. 2                                                                                                                                                                                         |
| Purpose                                                                                                                                                                                        |
| 1                                                                                                                                                                                              | The purpose        of the Company is to hold direct or indirect interests in all types of        businesses in Switzerland and abroad, in particular in the areas of banking,        finance, asset management and insurance. The Company has the power to        establish new businesses, acquire a majority or minority interest in        existing businesses and provide related financing. |
|                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                             |
| 2                                                                                                                                                                                              | The Company        has the power to acquire, mortgage and sell real estate properties, both        in Switzerland and abroad.                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                             |
|                                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                             |
| **II.**                                                                                                                                                                                        | **Share    Capital and Shares**                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                           |
| Art.        3                                                                                                                                                                                  |
| Share    Capital                                                                                                                                                                               |

| 1                                                | The fully        paid-in share capital amounts to CHF 1,195,005,914 and is divided into        1,195,005,914 registered shares with a par value of CHF 1 each. |
|--------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                             |                                                                                                                                                           |
| 2                                                | All share        certificates shall bear the facsimile signatures of the Chairman or Chairwoman        of the Board of Directors and one Member of the Board.  |
|                                             |                                                                                                                                                           |
| 3                                                | The Company        may issue certificates representing more than one share each.                                                                               |
|                                             |                                                                                                                                                           |
| 4                                                | The Company        recognises only one representative for each share.                                                                                          |
|                                             |                                                                                                                                                           |
| 5                                                | Upon a resolution        being passed by the General Meeting of Shareholders, registered shares        may be converted into bearer shares.                    |
|                                             |
| Art.        4                                    |
| Shares,    Transfer of Shares and Share Register |

| 1 | The Company        recognises as a shareholder the person whose name is entered in the Share        Register. |
|---|---------------------------------------------------------------------------------------------------------------|

**2**

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| 2      | A person        who has acquired registered shares will, upon application, be entered        without limitation in the Share Register as having voting rights provided        that he or she expressly states that he or she has acquired the shares        concerned in his or her own name for his or her own account.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 3      | Any person        not expressly stating in his or her application for registration that        the shares concerned have been acquired for his or her own account (hereinafter “nominees”)        may be entered for a maximum of 2% of the total outstanding share capital        with voting rights in the Share Register. In excess of this limit, registered        shares held by a nominee will only be granted voting rights if such nominee        declares in writing that he or she is prepared to disclose the name,        address and shareholding of any person for whose account he or she is        holding 0.5% or more of the outstanding share capital. Art.10, Section        2 shall apply correspondingly to nominees who are related to one another        through capital ownership or voting rights or have a common management        or are otherwise interrelated. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4      | The Board        of Directors will issue the necessary directives to ensure that the aforementioned        provisions are complied with.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 5      | This Article        is subject to the mandatory provisions of Art. 685d, Section 3 of the        Swiss Code of Obligations.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 6      | In the case        of registered shares, the Company may forego the printing and delivery        of share certificates and, with the agreement of the owner of the shares,        may cancel issued certificates when these are returned to the Company        and not replace the same. Shareholders may request at any time, at no        cost to them, the printing and delivery of certificates representing        their registered shares, and the Company may at any time print certificates        of registered shares not physically represented by certificates.                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 7      | Registered        shares not physically represented by certificates and the rights arising        therefrom can only be transferred by assignment. Such assignment shall        not be valid unless notice is given to the Company. Title to the certificate        of the transferred share is passed on to the transferee through legal        and valid assignment and does not need the explicit consent of the Company.        The bank which handles the book entries of the assigned registered shares        on behalf of the shareholders may be notified by the Company of the assignment.                                                                                                                                                                                                                                                                                                     |

**3**

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| 8                                                                                                                                                              | Registered        shares not physically represented by certificates and the financial        rights arising from these shares may be pledged only to the bank which        handles the book entries of such shares on behalf of the shareholder.        The pledge must be made by means of a written pledge agreement. Notice        to the Company is not required. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                           | The claim        to delivery of the certificate may be transferred to the bank accepting        the pledge. Otherwise the pledge of registered shares is valid when the        assigned or endorsed share certificates are transferred in accordance    with provisions of Art. 901, Section 2 of the Swiss Civil Code.                                               |
|                                                                                                                                                           |
| 9                                                                                                                                                              | All the above-mentioned        restrictions regarding transfer also apply to the transfer of registered        shares not physically represented by certificates.                                                                                                                                                                                                     |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
| **III.**                                                                                                                                                       | **Debt Capital**                                                                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                           |
| Art.        5                                                                                                                                                  |
| Bond    Issues                                                                                                                                                 |
| The        Company may issue bonds, with or without security, including warrants and    convertible issues, and may guarantee such issues by its subsidiaries. |
|                                                                                                                                                           |
|                                                                                                                                                           |
| **IV.**                                                                                                                                                        | **The    Governing Bodies of the Company**                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
| Art. 6                                                                                                                                                         |
| The governing    bodies of the Company shall be the following:                                                                                                 |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
| 1.                                                                                                                                                             | The General    Meeting of Shareholders;                                                                                                                                                                                                                                                                                                                               |
| 2.                                                                                                                                                             | The Board    of Directors;                                                                                                                                                                                                                                                                                                                                            |
| 3.                                                                                                                                                             | The Independent    Auditors and the Group’s Independent Auditors.                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
| **1.**                                                                                                                                                         | **The    General Meeting of Shareholders**                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                  |
| Art. 7                                                                                                                                                         |
| Authority        and Duty to call    a Meeting                                                                                                                 |

| 1 | The General        Meeting of Shareholders shall ordinarily be called by the Board of Directors. |
|---|--------------------------------------------------------------------------------------------------|

**4**

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| 2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | The ordinary        General Meeting of Shareholders shall take place annually within six        months after the close of the business year.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
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| 3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Extraordinary        General Meetings of Shareholders shall take place as necessary. One or        more shareholders whose combined holdings represent at least 10% of the        share capital can also request that a meeting be called.                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Shareholders        representing shares with a par value of CHF 0.5 million may require that        a particular item appear on the agenda of the meeting.                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | The request        to call a General Meeting of Shareholders must be submitted in writing        and at the same time shares of the Company representing at least 10%        of the share capital are to be deposited. The request to include a particular        item on the agenda of the meeting, together with the relevant proposals,        must be submitted in writing and at the same time shares of the Company        with a par value of at least CHF 0.5 million are to be deposited for        safekeeping. The shares are to remain in safekeeping until the day after        the General Meeting of Shareholders. |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 6                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | The request        to include a particular item on the agenda, together with the relevant        proposals, must be submitted to the Board of Directors not later than        45 days before the date of the meeting.                                                                                                                                                                                                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| Art.        8                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Powers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| The        General Meeting of Shareholders has the following powers which may not        be delegated. It may amend the articles of association, elect the Members        of the Board of Directors, elect the Independent Auditors, the Group’s        Independent Auditors and Special Auditors approve the annual report,        the consolidated financial statements and the annual statutory statements,        determine the allocation of the disposable profit, formally approve the        actions of the Member of the Board of Directors and pass resolutions        on all matters which have been reserved to its authority by law or by        these articles of association or which have been submitted to the meeting    by the Board of Directors. |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| Art.    9                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Notice    of Meetings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

| 1 | Notice of        the General Meeting of Shareholders must be given at least 20 days before        the meeting takes place. Notice of the meeting is to be published in        the Swiss Gazette of Commerce (Schweizerisches Handelsamtsblatt). |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**5**

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| 2                | The notice        of the meeting must include the items on the agenda, the proposals submitted        by the Board of Directors and by shareholders who have required that        a meeting be held or that a particular item be included on the agenda. |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|             |                                                                                                                                                                                                                                                     |
| 3                | No resolutions        can be passed on proposals of which due notice has not been given, with        the exception of those concerning the calling of an extraordinary General        Meeting or the carrying out of a special audit.                    |
|             |
| Art.        10   |
| Voting    Rights |

| 1      | Subject to        the provisions of Art. 4, Section 3 every share carries one vote at the        General Meeting of Shareholders. However, except as set out in Sections        3–5 below, the shares for which a single shareholder can directly        or indirectly exercise voting rights for his or her own shares or as        a proxy may not exceed 2% of the total outstanding share capital.                                                                                                                                                                                                             |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 2      | For the purposes        of the restrictions on voting rights as laid down in Section 1 above,        legal entities, partnerships or groups of joint owners or other groups        in which individuals or legal entities are related to one another through        capital ownership or voting rights or have a common management or are        otherwise interrelated shall be regarded as being a single shareholder.        The same shall apply to individuals, legal entities or partnerships that        act in concert (especially as a syndicate) with intent to evade the limitation        on voting rights. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3      | The restrictions        on voting rights do not apply to the exercise of voting rights by representatives        of a governing or executive body of the company who are designated by        the Company as proxies (Art. 689c of the Swiss Code of Obligations [CO]),        or by persons designated by the Company as independent proxies (Art.        689c CO), or by persons acting as proxies for deposited shares (Art.        689d CO), provided all such persons have been instructed by shareholders        to act as proxies.                                                                               |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 4      | Nor do the        restrictions on voting rights apply to shares in respect of which the        shareholder confirms to the Company in the application for registration        that he or she has acquired the shares in his or her name for his or        her own account and in respect of which the disclosure requirement set        out in Section 6 below has been satisfied.                                                                                                                                                                                                                                      |

**6**

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| 5                                     | In addition,        the restrictions on voting rights do not apply to shares which are registered        in the name of a nominee, provided that this nominee furnishes the Company        with the name, address and shareholding of the person(s) (as per definition        in Section 2 above) for whose account he or she holds 0.5% or more of        the total share capital outstanding at the time and for which he or she        (or the beneficial owner, as appropriate) has satisfied the disclosure        requirement set out in section 6 below. The Board of Directors has the        right to conclude agreements with nominees concerning both their disclosure        requirement and the exercise of voting rights. |
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|                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 6                                     | The disclosure        obligation must be discharged in accordance with Art. 20 of the Federal        Act on Stock Exchange and Securities Trading of 24 March 1995 and the        relevant ordinances and regulations.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 7                                     | The Board        of Directors shall issue regulations regarding the proof of share ownership        which is necessary in order to obtain voting cards.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                  |
| Art.        11                        |
| Chairman/Chairwoman,        Secretary |

| 1              | The Chairman/Chairwoman        of the Board of Directors shall chair the General Meeting of Shareholders,        and, in his or her absence, a Deputy Chairman/Chairwoman or another member        designated by the Board shall take the chair.                                                                       |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|           |                                                                                                                                                                                                                                                                                                                   |
| 2              | The General        Meeting of Shareholders shall elect by a show of hands the tellers to        count the votes at the meeting. Members of the Board of Directors, the        Independent Auditors, the Group’s Independent Auditors and employees        of the Company shall not be eligible to act as tellers. |
|           |                                                                                                                                                                                                                                                                                                                   |
| 3              | The Board        of Directors shall nominate a secretary to take the minutes.                                                                                                                                                                                                                                          |
|           |
| Art.        12 |
| Quorums        |

| 1 | The General        Meeting of Shareholders may in principle pass resolutions without regard        to the number of shareholders present at the meeting or represented by        proxy. |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |                                                                         |
|--------|------------------------------------------------------------------------------|
| 2      | Representation        of at least half of the share capital is required for: |
|   | –                                                                       | conversion        of registered shares into bearer shares; |
|   | –                                                                       | amendments        to Art. 4, Section 3 |

**7**

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|                               | –                                                                                                                              | amendments        to Art. 10, Sections 1–6 |
|------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------|
|                               | –                                                                                                                              | dissolution        of the Company.              |
|                               |                                                                                                                                |
| 3                                  | This        Article is subject to the mandatory provisions of the law and other provisions        of these articles of association. |
|                               |
| Art.        13                     |
| Resolutions/Required    Majorities |

| 1                                                                                                                      | Resolutions        and elections by the General Meeting of Shareholders require the approval        of an absolute majority of the votes represented at the meeting, except        as otherwise prescribed by mandatory provisions of law or by other provisions        of these articles of association. In the case of an equality of votes,        elections and resolutions shall be decided by the casting vote of the        person chairing the meeting. |
|------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 2                                                                                                                      | The conversion        of registered shares into bearer shares, the dissolution of the Company        and amendments to Art. 4, Section 3 of these articles of association        require the approval of at least three-quarters of the votes cast. Amendments        to Art. 10, Sections 1–6 require the approval of at least seven-eighths        of the votes cast.                                                                                    |
|                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 3                                                                                                                      | The Chairman        may allow elections and ballots to be conducted by a show of hands, by        written ballot or by electronic means. A written ballot is held if requested        by 50 of the shareholders present.                                                                                                                                                                                                                                        |
|                                                                                                                   |
| Art.    14                                                                                                        |
| Minutes                                                                                                                |
| The person chairing        the meeting and the secretary of the meeting are to sign the minutes        of the meeting. |
|                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **2.**                                                                                                                 | **The Board          of Directors**                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                                                                                                                   |
| Art.        15                                                                                                         |
| Election    and Term of Office                                                                                         |

| 1      | The Board        of Directors shall consist of a minimum of seven Members.                                                                                                                                                                                                                                                        |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                              |
| 2      | Each Member        of the Board of Directors shall be elected individually for a period        of three years and shall be eligible for re-election. One year of office        is understood to be the period of time from one ordinary General Meeting        of Shareholders to the close of the next ordinary General Meeting. |

**8**

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| Art.    16                    |
|-------------------------------|
| Powers    andResponsibilities |
| 1                             | The Board        of Directors shall decide on all matters which have not been reserved        for or conferred on another governing body of the Company by law by these        articles of association or by other regulations. |

|                                                                                                                                                                                                                                                                          |                                                                                                                                                                                                                                                                                 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2                                                                                                                                                                                                                                                                             | The Board        of Directors determines those who have signatory power and the nature        of the signatory power required. A document signed on behalf of the Company        is binding on the Company only when it carries the signatures of two        authorised signatories. |
|                                                                                                                                                                                                                                                                          |
| Art.    17                                                                                                                                                                                                                                                                    |
| Delegation    ofPowers                                                                                                                                                                                                                                                        |
| The        Board of Directors may delegate the management of the Company wholly        or partly to committees of the Board, individual Members of the Board        or third parties, in accordance with the regulations governing the conduct    of business of the Company. |
|                                                                                                                                                                                                                                                                          |
| Art.    18                                                                                                                                                                                                                                                                    |
| Quorum/RequiredMajorities                                                                                                                                                                                                                                                     |

| 1                                                                                                                                                                                      | A majority        of the Members of the Board of Directors must be present in person in        order to pass resolutions; there is no quorum requirement for the acknowledgement        of capital increases and the subsequent changes to the articles of association        which must be carried out. For resolutions carried out by circular letter,        a majority of the Members of the Board of Directors must cast their votes. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 2                                                                                                                                                                                      | Resolutions        of the Board of Directors require the approval of an absolute majority        of the votes cast. In the case of an equality of votes, decisions shall        be determined by the casting vote of the person chairing the meeting.                                                                                                                                                                                      |
|                                                                                                                                                                                   |
| Art.        19                                                                                                                                                                         |
| Minutes                                                                                                                                                                                |
| Minutes        shall be kept of the proceedings and resolutions of the Board of Directors.        The minutes shall be signed by the person chairing the meeting and the    secretary. |

**9**

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| Art.    20                                                                                                                                                                                                                                                                                                                                               |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Remuneration    of Directors                                                                                                                                                                                                                                                                                                                             |
| The        Board of Directors shall be appropriately remunerated for its services        in an amount to be determined by itself.                                                                                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                     |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |
| **3.**                                                                                                                                                                                                                                                                                                                                                   | **The Independent          Auditors, the Group’s Independent Auditors and the Special Auditors** |
|                                                                                                                                                                                                                                                                                                                                                     |
| Art.        21                                                                                                                                                                                                                                                                                                                                           |
| Appointment    and Duties                                                                                                                                                                                                                                                                                                                                |
| The        Independent Auditors and the Group’s Independent Auditors shall        be elected by the General Meeting of Shareholders for one year and shall        be responsible for carrying out all functions and duties incumbent upon    them by law.                                                                                           |
| The        special auditors shall be elected by the General Meeting of Shareholders        for the term of one year and shall be responsible for the special audit    reports in connection with qualified capital increases (Art. 652f CO).                                                                                                             |
|                                                                                                                                                                                                                                                                                                                                                     |
|                                                                                                                                                                                                                                                                                                                                                     |
| **V.**                                                                                                                                                                                                                                                                                                                                                   | **Financial    Year and Allocation of the Net Profit** |
|                                                                                                                                                                                                                                                                                                                                                     |   |
| Art.    22                                                                                                                                                                                                                                                                                                                                               |
| Financial    Year                                                                                                                                                                                                                                                                                                                                        |
| The    Company’s financial year shall be determined by the Board of Directors.                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                                                                                     |
| Art.    23                                                                                                                                                                                                                                                                                                                                               |
| Allocation    of disposable Profit                                                                                                                                                                                                                                                                                                                       |
| The        allocation of the disposable profit shall be made by the General Meeting        of Shareholders. The distributions of a dividend and the establishment        and utilisation of special reserves, if any, shall be decided by the        General Meeting of Shareholders in accordance with Art. 671 ff of the    Swiss Code of Obligations. |
|                                                                                                                                                                                                                                                                                                                                                     |
|                                                                                                                                                                                                                                                                                                                                                     |
| **VI.**                                                                                                                                                                                                                                                                                                                                                  | **Dissolution    and Liquidation of the Company** |
|                                                                                                                                                                                                                                                                                                                                                     |   |
| Art. 24                                                                                                                                                                                                                                                                                                                                                  |
| Should        the Company be dissolved, the Board of Directors shall carry out the    liquidation unless the General Meeting of Shareholders decides otherwise.                                                                                                                                                                                          |

**10**

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| **VII.**                                    | **Official    Notices and Announcements**                                                                                                                                                                                    |
|---------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                        |                                                                                                                                                                                                                         |
| Art. 25                                     |
| Publication                                 |
| 1                                           | The Swiss        Commercial Gazette (Schweizerisches Handelsamtsblatt) shall be the official        medium for publication of the Company’s notices and announcements.                                                  |
|                                        |                                                                                                                                                                                                                         |
| 2                                           | Notices and        announcements to the shareholders shall be made in the Swiss Commercial        Gazette (Schweizerisches Handelsamtsblatt), insofar as the law does not        prescribe some other manner of publication. |
|                                        |
|                                        |
| **VIII.          Transitional Regulations** |
|                                        |
| Art.        26                              |
| Conditional    Capital                      |

| 1      | The share        capital pursuant to Art. 3 of the articles of association shall be increased        by no more than CHF 50,000,000 through the issue of no more than 50,000,000        registered shares with a par value of CHF 1 each, to be fully paid in,        through the exercise of conversion and/or warrant rights issued in connection        with bonds or other financial market instruments issued by Credit Suisse        Group or any of its Group companies. Shareholders’ pre-emption rights        are excluded. Holders of conversion and/or warrant rights are entitled        to subscribe to the new shares. The Board of Directors shall set the        conversion and/or warrant conditions.                                                                                                                                                                                                                                                                                      |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 2      | When issuing        bonds or other financial market instruments which are linked to conversion        and/or warrant rights, the Board of Directors is entitled to restrict        or exclude shareholders’ preferential subscription rights if the        instruments are issued in order to finance or refinance the acquisition        of companies, parts of companies, equity stakes or new investment plans,        and/or if they are issued on national or international capital markets.        If preferential subscription rights are not granted, either directly        or indirectly, by decision of the Board of Directors (1) the bonds or        other financial market instruments are to be issued at market conditions,        (2) the issue of new shares shall be at market conditions taking due        account of the market price of the shares and/or comparable instruments        with a market price, and (3) the time limit for exercising conversion        rights may not be |

**11**

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|            | more than        15 years, and the time limit for exercising warrant rights not more than    7 years from the date of the relevant issue.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
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| 3               | The acquisition        of registered shares through the exercise of conversion or warrant rights        and any further transfers of registered shares are subject to the transfer        restrictions laid down in Art. 4 of these articles of association.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|            |
| Art.        26a |
| 1               | The share        capital pursuant to Art. 3 of the articles of association shall be increased        by no more than CHF 50,000,000 through the issue of no more than 50,000,000        registered shares with a par value of CHF 1 each, to be fully paid in,        through the exercise of conversion and option rights granted in connection        with bonds or similar debt instruments issued by Credit Suisse Group        or any of its Group companies. Shareholders’ preemption rights are        excluded. Shareholders’ preferential subscription rights with regard        to these at most 50,000,000 new registered shares may be restricted or        excluded by decision of the Board of Directors in order to finance or        refinance the acquisition of companies, parts of companies, equity stakes,        or new investments, or in order to issue convertible bonds and/or warrants        on domestic and international capital markets. If preferential subscription        rights are excluded, then (1) the bonds are to be placed with the public        at market conditions, (2) the exercise period is not to exceed five years        from the date of issue for option rights or ten years for conversion        rights, and (3) the conversion or exercise price for the new shares is        to be set at least in line with the market conditions prevailing on the        date on which the bonds are issued. |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 2               | The acquisition        of registered shares through the exercise of conversion or option rights        and any further transfers of registered shares is subject to the transfer        restrictions laid down in Art. 4 of the articles of association.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|            |
| Art.        26b |
| 1               | The share        capital as per Art. 3 of the articles of association is to be increased        by not more than CHF 112,460,426 through the issue of a maximum of 112,460,426        registered shares with a par value of CHF 1 each, to be fully paid in.        Upon acquisition, the new registered shares will                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

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|                  | be subject    to the transfer restrictions pursuant to Art. 4 of the articles of association.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-----------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 2                     | The preferential        subscription right of present shareholders is excluded in favour of the        staff, at all levels, and of Members of the Board of Directors of Credit        Suisse Group and its Group companies. The shares shall be issued in accordance        with the guidelines adopted by the Board of Directors, as amended from        time to time. They may be issued at a price which is below their market        value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                  |
| Art.        26c       |
| 1                     | The share        capital pursuant to Art. 3 of the articles of association is to be increased        by no more than CHF 18,340,920, corresponding to no more than 18,340,920        registered shares with a par value of CHF 1 each, to be fully paid in,        through the exercise of options granted to employees at all levels of        Donaldson, Lufkin & Jenrette, Inc. and its Group companies, which        were rolled over in accordance with the merger agreement between Credit        Suisse Group, Diamond Acquisition Corp. and Donaldson, Lufkin & Jenrette,        Inc., dated August 30, 2000. The subscription ratio, time limits and        further terms will be determined by the Board of Directors in accordance        with the provisions of the merger agreement dated August 30, 2000. The        acquisition of shares through the exercise of option rights, and any        subsequent transfer of the new shares is subject after issue to the transfer        restrictions laid down in Art. 4 of the articles of association. |
|                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 2                     | The preemptive        rights of the current shareholders are excluded in favor of staff at        all levels of Donaldson Lufkin & Jenrette and its Group companies.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                  |
| Art.        27        |
| Authorized    Capital |

| 1 | The Board        of Directors is authorized, at any time until April 25, 2005, to increase        the share capital, pursuent to Art. 3 of the articles of association        by no more than CHF 45,480,000 by issuing no more than 45,480,000 registered        shares with a par value of CHF 1 each, to be fully paid in. Increases        by firm underwriting, as well as partial increases, are permissible.        The issue price, the starting date for dividend entitlement and the |
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|                                                                                                                                                                                                                                                                                                                                                                                                         | type of contribution        will be determined by the Board of Directors. Upon acquisition, the new        registered shares are subject to the transfer restrictions laid down    in Art. 4 of the articles of association.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 2                                                                                                                                                                                                                                                                                                                                                                                                            | The Board        of Directors is authorised to exclude the preferential subscription rights        of the shareholders in favour of third parties if the new shares are        used for the acquisition of companies, segments of companies or participations        in the banking, finance, asset management or insurance industries through        an exchange of shares or for financing the acquisition of companies,        segments of companies or participations in these industries. If, in connection        with company takeovers, commitments to service convertible bonds or bonds        with warrants are assumed, the Board of Directors is authorised, for        the purpose of fulfilling delivery commitments under such bonds, to issue        new shares excluding the subscription rights of shareholders. |
|                                                                                                                                                                                                                                                                                                                                                                                                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 3                                                                                                                                                                                                                                                                                                                                                                                                            | Registered        shares for which subscriptions rights have been granted but not exercised,        are to be sold on the market at market conditions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                         |
| Art.        27a                                                                                                                                                                                                                                                                                                                                                                                              |
| Deleted                                                                                                                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                                                                                                                                         |
| Art.        28                                                                                                                                                                                                                                                                                                                                                                                               |
| Non-Cash    Capital Contribution                                                                                                                                                                                                                                                                                                                                                                             |
| Deleted                                                                                                                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                                                                                                                                         |
| Art.    28a                                                                                                                                                                                                                                                                                                                                                                                                  |
| Deleted                                                                                                                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                                                                                                                                         |
| Art.    28b                                                                                                                                                                                                                                                                                                                                                                                                  |
| Deleted                                                                                                                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                                                                                                                                         |
| Art.    28c                                                                                                                                                                                                                                                                                                                                                                                                  |
| In        accordance with the agreement on non-cash capital contributions dated 8        December 1997, the Company has acquired from Credit Suisse First Boston,        Zurich, 9,651,170 registered shares of the “Winterthur” Swiss        Insurance Company, Winterthur, with a par value of CHF 20 each, and 35,694    rights to new registered shares resulting from the invalidation of the |

**14**

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remaining 35,694 registered    shares of the “Winterthur” Swiss Insurance Company (Articles 54    and 33, SESTA), with a total value and at a total price of CHF 1,414,282,140.    Settlement has been effected by transfer to Credit Suisse First Boston of    70,714,107 fully paid-in registered shares of the Company with a par value    of CHF 20 each. The issue price per share is CHF 20.

Art. 28dIn accordance with the agreementon non-cash capital contributions of 31 July 1998, the Company    has acquired from Credit Suisse (Bahamas) Limited, Nassau (Bahamas), 16,916,518    common stock of Garantia Banking Limited, with a par value of USD 1.00 per    share, with a total value and at a total price of CHF 706,325,400. Settlement    has been effected by transfer to Credit Suisse (Bahamas) Limited as exchange    agent of 1,938,708 fully paid-in registered shares of the Company with a    par value of CHF 20 per share. The issue price per share is CHF 364.3278.    The sum of CHF 667,551,240, being the amount by which the price paid exceeds    the par value of the new shares (CHF 38,774,160), is retained by the Companyas a share premium.

Art. 28e In accordance with the agreementon non-cash capital contributions of 15 April 1999, the Company    has acquired from Reinsurance Derivatives Holding AG, Zurich, 30,470,235    Perpetual Non-Cumulative Class A Preference Shares, with a par value of USD    1.00 per share, and 83,162,370 Participating Shares, with a par value of    USD 1.00 per share, of Credit Suisse Financial Products, London, with a total    value and a total price of CHF 486,000,000. Settlement has been effected    by transfer to Reinsurance Derivatives Holding AG, Zurich, of 1,800,000 fully    paid-in registered shares of the Company with a par value of CHF 20 per share.    The issue price per share is CHF 270. The sum of CHF 450,000,000, being the    amount by which the price paid exceeds the par value of the new shares (CHF36,000,000), is retained by the Company as a share premium.

Art. 28f In accordance with the agreementson non-cash capital contributions of 3 November2000, the Company has acquired from AXA, Paris, AXA

**15**

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Financial, Inc., New York,    The Equitable Life Assurance Society of the United States, New York, and    AXA Participations Belgium, Brussels, 64,029,782 Common Shares, with a par    value of USD 0.10 per share, of Donaldson, Lufkin & Jenrette Inc., Delaware,    with a total value and a total price of CHF 8,502,828,693.50. Settlement    has been effected by transfer to AXA, AXA Financial, Inc., Equitable Life    Assurance Society of the United States and AXA Participations Belgium of    25,727,167 fully paid-in registered shares of the Company with a par value    of CHF 20 per share. The issue price per share is CHF 330.50. The sum of    CHF 7,988,285,353.50, being the amount by which the price paid exceeds the    par value of the new shares (CHF 514,543,340), is retained by the Company    as a share premium.

Art. 29Non-Cash Capital AcquisitionDeleted

The above text is a translation of the original    German articles of association (Statuten) which constitute the definitive    text and are binding in law.

Zurich, April 30, 2004

**16**

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