The Board of Directors of SBB has appointed Jürg Schmid as the new Head of
the Passenger Division and as a member of the Management Board.
The 47- year-old economist is currently Executive Director of Switzerland Tourism and is expected to join SBB in the second quarter of 2010. Until then, Vincent
Ducrot will continue as interim Head of the Passenger Division.

Jürg Schmid has been the Executive Director of Switzerland Tourism for the past ten years and has been instrumental in developing Switzerland’s presence as a holiday, travel and congress destination both nationally and internationally. In this function, he has cooperated closely with SBB for years. Prior to this, from 1994 to 1999 he worked at Oracle Software Corporation Ltd.

Jürg Schmid knows the Swiss and European leisure travel markets inside out and is very knowledgeable about the needs of Swiss consumers. He has many years of
managerial experience and a broad-based background in sales and marketing and in running complex technology projects.

He is expected to take over as Head of the SBB Passenger Division with its 13,000
employees in the second quarter of 2010.
Vincent Ducrot will continue to head the Passenger Division ad interim, as he has
done since February of this year, until Jürg Schmid takes up his new position.

In the first half of 2009, the SBB Passenger Division again improved its performance. In the first six months of the year, it carried a total of 164 million passengers and posted revenues of over CHF 3.7 billion.