Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Regulatory News:

Julius Baer Holding Ltd. reports the following management transaction in accordance with DTR 3.1.4 R (1) (a) and DTR 3.1.5 R:

Gabriele Baer-Richner, a person connected with Raymond J. Baer, who qualifies as person discharging managerial responsibilities within Julius Baer Holding Ltd., has sold 10’518 registered shares in Julius Baer Holding Ltd. (ISIN CH0029758650) at an average price of CHF 69.663 on 9 September 2008. The volume of the transaction is CHF 732’714.75. The place of the transaction is London.

Notification of this transaction was made to Julius Baer Holding Ltd. on 10 September 2008.