Brandes reduces holdings of Zurich Financial Services shares to below 5 percent
Zurich, August 22, 2005 – Pursuant to Article 20 of the Swiss Stock Exchange Law, Zurich Financial Services (Zurich) has been informed by Brandes Investment Partners L.P. (Brandes), that clients of Brandes have reduced their aggregate holding in Zurich shares to 4.81%.
The San Diego, California, domiciled Brandes is a registered investment adviser in the United States. As of August 16, its clients held an aggregate interest in 26,834,059 American Depository Receipts of Zurich, representing 2,683,406 ordinary shares of Zurich, and 4,241,419 ordinary shares of Zurich, for a total aggregate of 6,924,825 shares.
