EQS-Adhoc: Bellevue Group AG: Restructuring at Bank am Bellevue AG

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EQS Group-Ad-hoc: Bellevue Group AG / Key word(s): Restructure of Company Bellevue Group AG: Restructuring at Bank am Bellevue AG

17-March-2017 / 18:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR

*Media Release *

Küsnacht, March 17, 2017

*Restructuring at Bank am Bellevue AG*

*Bank am Bellevue AG is discontinuing its Brokerage and Corporate Finance activities following the completion of the necessary consultation process*

*23 positions made redundant *

Bank am Bellevue AG published a media release on February 21, 2017 announcing its intention to discontinue its Brokerage and Corporate Finance operations.

With the conclusion of the mandatory consultation process with the employees concerned, the Board of Directors decided to discontinue the Brokerage and Corporate Finance activities today. This will result in the loss of 23 job positions. Bank am Bellevue will enter into individual separation agreements with the employees during the coming days.

*Contact:*

Media Relations: Jürg Stähelin, IRF Communications Telephone +41 43 244 81 51, juerg.staehelin@irfcom.ch

Media / Investor Relations: Daniel Koller, CFO Telephone +41 44 267 67 00; ir@bellevue.ch

Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=IGAIOUFVNO [1] Document title: Media Release (PDF) End of ad hoc announcement Language: English Company: Bellevue Group AG Seestraße 16 8700 Küsnacht Switzerland Phone: +41 44 267 67 00 Fax: +41 44 267 67 01 E-mail: info@bellevue.ch Internet: www.bellevue.ch ISIN: CH0028422100 Valor: A0LG3Z Listed: SIX Swiss Exchange

End of Announcement EQS Group News Service

555349 17-March-2017 CET/CEST

1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=93403b4a99385cd0b2bb52037dc808e1&application_id=555349&site_id=vwd&application_name=news (END) Dow Jones Newswires

   March 17, 2017 13:00 ET (17:00 GMT)- - 01 00 PM EDT 03-17-17