Corporate Press Release

Press Release

Credit Suisse Announces Expected July Coupon Payments on its Credit Suisse X-Links Gold Shares Covered Call ETNs (ticker symbol “GLDI”) and its Credit Suisse X-Links Silver Shares Covered Call ETNs (ticker symbol “SLVO”).

On June 15, 2015, the Credit Suisse NASDAQ Gold FLOWS 103 Index and the Credit Suisse NASDAQ Silver FLOWS 106 Index (the “Indices”) concluded the notional sale of options on GLD shares and SLV shares with July expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on July 13, 2015, subject to adjustment in the event of any market disruption events.

    

Assuming no redemption or acceleration of the ETNs and that the notional cash distribution is withdrawn from the Indices on July 13, 2015, we expect to declare a coupon of $0.0764 per ETN on the GLDI ETNs and a coupon of $0.0713 per ETN on the SLVO ETNs for payment on or around July 27, 2015, payable to the holder of record on July 22, 2015. The expected coupon payment may be subject to change upon the occurrence of a disruption event or other unforeseen circumstances.