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Altin AG (AIA)

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Monday 14 October, 2002

Altin AG

Appointment of Broker

Altin AG 
14 October 2002

                                                                   PRESS RELEASE

ALTIN appoints UBS Warburg as corporate broker

Baar, 14 October 2002 - ALTIN AG (ALTIwq.L), the largest fund of hedge funds
listed as an investment company on the London Stock Exchange, announces today
the appointment of UBS Warburg as the company's sole corporate broker.

UBS Warburg's access to global and pan-European investors is expected to enhance
ALTIN's visibility among investors and increase trading liquidity. In addition
to UBS Warburg, Deutsche Bank and HSBC Securities are market makers in ALTIN

ALTIN is one of the leading Swiss alternative investment companies and is traded
both on the London Stock Exchange (since December 2001) and the Zurich Stock
Exchange (since December 1996). 3A - Alternative Asset Advisors, part of the
Swiss banking group SYZ & CO and one of the top Swiss alternative investment
specialists, is the Investment Manager for ALTIN.

ALTIN allocates its assets to a range of funds (currently 30) with an aim to
deliver capital appreciation and to achieve a superior risk adjusted performance
with a lower volatility than equity markets.

In the year to date, ALTIN recorded a 3.73% increase in its NAV (estimate as of
04.10.2002). This performance was obtained with a much lower volatility than
that in equity markets (7.14% for ALTIN vs. 16.09% for the MSCI World index).
The extremely low correlation to equity markets (0.05) demonstrated by the share
price of ALTIN, makes it an ideal diversification instrument within a
traditional portfolio.


Sophie Quincerot                                             David Hothersall
Investor Relations Manager                                Kinlan Communications
Tel.: (+41) 41 760 60 62                                   Tel. : 020 7638 3435                       

Charlie Ricketts
UBS Warburg
Tel.: 020 7568 4781

Editors' note:


ALTIN AG was founded in December 1996, and is listed on the Swiss and London
stock exchanges. It is one of Switzerland's leading alternative investment
companies. ALTIN AG currently invests in 30 hedge funds pursuing a variety of
investment strategies. Altin's aim is to generate an absolute compound annual
return in USD terms, with a lower volatility than equity markets. These
characteristics, along with the company's low correlation with the financial
markets, make ALTIN AG shares an ideal addition to a diversified portfolio.

Hedge fund managers are selected by a 3A - Alternative Asset Advisors, a
specialist alternative investment manager, belonging to the SYZ & CO Group.

About SYZ & CO

Geneva-based SYZ & CO specialises in asset management, focusing on performance
and alternative solutions. Since its creation in 1996, the company has been
highly successful, and its spectacular growth has made it one of Switzerland's
most dynamic asset managers. Today, the company manages assets of CHF 5.5
billion, and has more than 135 employees in 9 cities.

SYZ & CO's activities fall into three highly complementary categories: high
level private banking, a range of high-performance investment funds (Oyster)
registered in six European countries, and a well-known range of alternative

                      This information is provided by RNS
            The company news service from the London Stock Exchange