Press Release: Compagnie Financière Tradition : Non-IFRS* revenue of CHF 934.1m in 2013

Compagnie Financière Tradition / Compagnie Financière Tradition : Non-IFRS* revenue of CHF 934.1m in 2013 . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Press release, Lausanne 23 January 2014

Non-IFRS* revenue of CHF 934.1m in 2013

The year 2013 remained characterized by challenging market conditions particularly as a result of continued uncertainty regarding regulation of OTC derivative markets. A significant milestone was achieved with the publication in June of the CFTC's final rules for Swap Execution Facilities (SEF's) which became effective on 2 October 2013. The Group has successfully operated its SEF from that date. However, a number of required clarifications have continued to negatively impact the trading volume in the second half of 2013.

The Group reported consolidated IFRS revenue of CHF 874.4m at 31 December 2013 compared with CHF 958.4m in 2012, a decrease of 8.8% at current exchange rates or 5.7% in constant currencies.

For 2013, the Group's consolidated Non-IFRS revenue was CHF 934.1m, compared with CHF 1,017.5m in 2012, a decrease of 4.7% at constant exchange rates. The Non-IFRS revenue from interdealer broking business (IDB) was down 5.2% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was up 17.6%.

The geographic breakdown of consolidated IFRS and Non-IFRS revenue is as follows:

IFRS Non-IFRS CHFm 2013 2012 2013 2012 United Kingdom 311.9 342.3 332.1 360.0 Continental Europe 77.0 94.4 78.8 96.4 Europe, Middle East and Africa 388.9 436.7 410.9 456.4 Americas 267.9 283.0 275.2 290.9 Asia-Pacific 217.6 238.7 224.9 245.9 IDB business 874.4 958.4 911.0 993.2 Non-IDB business - - 23.1 24.3 Total 874.4 958.4 934.1 1,017.5

Activity levels in the second half of the year were weaker compared with the equivalent period in 2012, with consolidated Non-IFRS revenue down 4.9% in constant currencies

In the fourth quarter, consolidated Non-IFRS revenue was CHF 206.2m, down 4.1% in constant currencies from the equivalent quarter last year.

* with proportionate consolidation method for joint ventures in line with the Group management reports ("Non-IFRS")

About Compagnie Financière Tradition SA

Compagnie Financière Tradition SA is one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 28 countries, Compagnie Financière Tradition SA employs 2,350 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financière Tradition SA (CFT) is listed on the SIX Swiss Exchange.

For more information, please visit www.tradition.com.

Medias Contacts:

Patrick Combes, Président Jeremy Nieckowski

Compagnie Financière Tradition SA Voxia communication

+41 (0)21 343 52 22 +41 (0)22 561 22 65

actionnaire@tradition.ch jeremy.nieckowski@voxia.ch

CFT_ non IFRS revenue 2013: http://hugin.info/133362/R/1756515/593234.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Compagnie Financière Tradition via Globenewswire

HUG#1756515

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Compagnie Financière Tradition

Langallerie 11 Lausanne Switzerland

WKN: 870121;ISIN: CH0014345117;

Listed: Freiverkehr in Börse Stuttgart,

Freiverkehr in Börse Berlin,

Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;

http://www.traditiongroup.com (END) Dow Jones Newswires

   January 23, 2014 01:16 ET (06:16 GMT)- - 01 16 AM EST 01-23-14