Exhibit (a)(17)
CREDIT :
: GROUP Media Relations
SUISSE :
CREDIT SUISSE GROUP
P.O. Box 1
CH-8070 Zurich
Telephone +41-1-333 8844
Fax +41-1-333 8877
For Immediate Release
PENDING EXPIRATION OF CREDIT SUISSE GROUP TENDER OFFER
FOR DONALDSON, LUFKIN & JENRETTE, INC.
New York, 2 November 2000 - Credit Suisse Group today confirmed that all
regulatory conditions to the offer to acquire all outstanding shares of common
stock of the series designated Donaldson, Lufkin & Jenrette, Inc. - DLJ common
stock of DLJ (DLJ Shares) have been satisfied and that the offer is scheduled to
expire at 12:00 midnight, New York City time, today, November 2, 2000.
Credit Suisse Group entered into a Merger Agreement with DLJ on August 30, 2000
to acquire all of the outstanding DLJ Shares. In addition, Credit Suisse Group
entered into a Stock Purchase Agreement with AXA and certain of its affiliates
to acquire all of the AXA entities' DLJ Shares.
Based on the latest count, approximately 38,582,450 DLJ Shares have been
tendered and not withdrawn pursuant to the offer, which represents approximately
73% of the outstanding DLJ Shares held by the public and, together with DLJ
Shares held by AXA and its affiliates, approximately 90% of the outstanding DLJ
Shares.
IMPORTANT LEGAL INFORMATION
The foregoing is qualified in its entirety by reference to the Tender Offer
Statement on Schedule TO, as amended, filed by Credit Suisse Group which
contains important information about the tender offer. Investors can obtain such
Tender Offer Statement on Schedule TO, as amended, and other filed documents,
for free from the U.S. Securities and Exchange Commission website
http://www.sec.gov.
Enquiries
Credit Suisse First Boston, Media Relations, New York +1 212 325 5898
Internet
http://www.credit-suisse.com
Credit Suisse Group is one of the world's leading global financial services
groups. In the asset management area, specialized business units offer
state-of-the-art products and services to private and institutional investors
worldwide, including insurance solutions from Winterthur. In investment banking,
Credit Suisse First Boston provides comprehensive financial advisory, capital
raising, sales and trading, and financial products for users and suppliers of
capital around the world. Credit Suisse goes back to 1856 and is headquartered
in Zurich with its main listing on the Swiss Stock Exchange. The group employs
around 67,000 staff and reported assets under management of CHF 1,227 billion as
at 30 June 2000.
