New Issue: Credit Suisse prices $3.03 million index knock-out notes linked to Russell 2000 via JPMorgan

By E. Janene Geiss

Philadelphia, Sept. 29 - Credit Suisse, Nassau Branch priced $3.03 million of 0% callable index knock-out notes due July 1, 2010 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA are the agents.

If the index closes below the knock-out level - 83.5% of the initial index level - on any day during the life of the notes, the payout at maturity will be par plus the index return. Otherwise, the payout will be par plus the greater of the index return and 2%. The notes will be subject to a maximum return of 7%.

Issuer:	Credit Suisse, Nassau Branch
Issue:	Index knock-out notes
Underlying index:	Russell 2000
Amount:	$3,026,000
Maturity:	July 1, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	If index ever falls below 83.5% of initial level, par plus index return; otherwise, par plus greater of 2% and index return; capped at 7%
Initial index level:	598.94
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agents:	J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA
Fees:	0.75%

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