CREDIT SUISSE NEW ISSUE: 17 American Call Warrants on Zurich Insurance Group Donnerstag, 21. Mai 2015 - 14:30

Dear Investor

Please find hereafter the details for these new issues:

Ticker	Valor	ISIN	Underlying	Spot	Strike	Ratio	Maturity	Type	Issue price	Impl. Vola	PDF File
ZURZU	28 334 335	CH 028 334 335 5	Zurich Insurance Group AG	CHF 306.00	CHF 300.00	100:1	17.06.2016	Call	CHF 0.21	16.75%	ZURZU_28334335_CW_TSi.pdf
ZURZT	28 334 336	CH 028 334 336 3	Zurich Insurance Group AG	CHF 306.00	CHF 310.00	80:1	17.06.2016	Call	CHF 0.20	16.50%	ZURZT_28334336_CW_TSi.pdf
ZURZK	28 334 337	CH 028 334 337 1	Zurich Insurance Group AG	CHF 306.00	CHF 320.00	80:1	17.06.2016	Call	CHF 0.15	16.25%	ZURZK_28334337_CW_TSi.pdf
ZURBA	28 334 338	CH 028 334 338 9	Zurich Insurance Group AG	CHF 306.00	CHF 330.00	50:1	17.06.2016	Call	CHF 0.17	16.00%	ZURBA_28334338_CW_TSi.pdf
ZURZY	28 334 339	CH 028 334 339 7	Zurich Insurance Group AG	CHF 306.00	CHF 300.00	100:1	16.12.2016	Call	CHF 0.23	17.50%	ZURZY_28334339_CW_TSi.pdf
ZURBI	28 334 340	CH 028 334 340 5	Zurich Insurance Group AG	CHF 306.00	CHF 310.00	80:1	16.12.2016	Call	CHF 0.23	17.00%	ZURBI_28334340_CW_TSi.pdf
ZURBE	28 334 341	CH 028 334 341 3	Zurich Insurance Group AG	CHF 306.00	CHF 320.00	80:1	16.12.2016	Call	CHF 0.18	16.75%	ZURBE_28334341_CW_TSi.pdf
ZURBO	28 334 342	CH 028 334 342 1	Zurich Insurance Group AG	CHF 306.00	CHF 330.00	50:1	16.12.2016	Call	CHF 0.22	16.50%	ZURBO_28334342_CW_TSi.pdf
ZURFI	28 334 343	CH 028 334 343 9	Zurich Insurance Group AG	CHF 306.00	CHF 310.00	80:1	18.03.2016	Call	CHF 0.19	16.25%	ZURFI_28334343_CW_TSi.pdf
ZURRE	28 334 344	CH 028 334 344 7	Zurich Insurance Group AG	CHF 306.00	CHF 320.00	80:1	18.03.2016	Call	CHF 0.14	16.00%	ZURRE_28334344_CW_TSi.pdf
ZURRU	28 334 345	CH 028 334 345 4	Zurich Insurance Group AG	CHF 306.00	CHF 300.00	100:1	16.06.2017	Call	CHF 0.25	18.00%	ZURRU_28334345_CW_TSi.pdf
ZURRO	28 334 346	CH 028 334 346 2	Zurich Insurance Group AG	CHF 306.00	CHF 310.00	80:1	16.06.2017	Call	CHF 0.25	17.50%	ZURRO_28334346_CW_TSi.pdf
ZURRF	28 334 347	CH 028 334 347 0	Zurich Insurance Group AG	CHF 306.00	CHF 320.00	80:1	16.06.2017	Call	CHF 0.20	17.25%	ZURRF_28334347_CW_TSi.pdf
ZURLO	28 334 348	CH 028 334 348 8	Zurich Insurance Group AG	CHF 306.00	CHF 330.00	80:1	16.06.2017	Call	CHF 0.16	17.00%	ZURLO_28334348_CW_TSi.pdf
ZURLU	28 334 349	CH 028 334 349 6	Zurich Insurance Group AG	CHF 306.00	CHF 310.00	100:1	15.12.2017	Call	CHF 0.22	17.75%	ZURLU_28334349_CW_TSi.pdf
ZURLK	28 334 350	CH 028 334 350 4	Zurich Insurance Group AG	CHF 306.00	CHF 320.00	80:1	15.12.2017	Call	CHF 0.23	17.50%	ZURLK_28334350_CW_TSi.pdf
ZURLZ	28 334 351	CH 028 334 351 2	Zurich Insurance Group AG	CHF 306.00	CHF 330.00	80:1	15.12.2017	Call	CHF 0.19	17.25%	ZURLZ_28334351_CW_TSi.pdf

Please visit our website http://www.credit-suisse.com/derivatives to see the complete list of our products.

The warrants will be placed directly in the secondary market. Please call 044/335 76 00.

Kind regards

CREDIT SUISSE AG
Investment Banking
Equity Derivatives & Structured Products
Uetlibergstrasse 231
8070 Zürich, Switzerland
Tel: +41 44 - 335 76 00
Fax: +41 44 - 333 78 08

www.credit-suisse.com