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Published on 7/12/2011 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $12.84 million return enhanced notes tied to S&P 500 via JPMorgan

By Jennifer Chiou

New York, July 12 - Credit Suisse AG, Nassau Branch priced $12.84 million of 0% return enhanced notes due July 25, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 17.2%. Investors will share in any losses.

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

Issuer:Credit Suisse AG, Nassau Branch
Issue:Return enhanced notes
Underlying index:S&P 500
Amount:$12.84 million
Maturity:July 25, 2012
Coupon:0%
Price:Par with certain fiduciary accounts paying 99
Payout at maturity:Par plus double any index gain, subject to cap of 17.2%; investors share in any losses
Initial level:1,343.80
Pricing date:July 8
Settlement date:July 13
Agents:J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:None
Cusip:22546TBX8

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