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                               FORM 6-K
                         WASHINGTON, D.C. 20549

                          Dated February 4, 2005

                   PURSUANT TO RULE 13a-16 OR 15d-16

For the month of February 4, 2005
Commission File Number   001-15244

                           CREDIT SUISSE GROUP
                (Translation of registrant's name into English)

            Paradeplatz 8, P.O. Box 1, CH-8070 Zurich, Switzerland
                  (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F

                       Form 20-F  /X/   Form 40-F  / /
                                -----            -----

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security

Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                           Yes  / /   No  /X/
                              -----     -----

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-


                                               Media Relations

                                               CREDIT SUISSE GROUP
                                               P.O. Box 1
                                               CH-8070 Zurich

                                               Telephone   +41 1 333 88 44
                                               Telefax     +41 1 333 88 77


Zurich, February 4, 2005 - Credit Suisse Group today announced that its 
subsidiary Winterthur Group has recorded a CHF 310 million increase in its 
provision (pre-tax) for contingencies relating to the sale of Winterthur 
International to XL Insurance (Bermuda) Limited in 2001. Winterthur Group has 
undertaken an extensive analysis of recently provided data relating to a 
three-year reserve-seasoning exposure, utilizing third-party specialists to 
assist in estimating the reserves required for such liabilities. On the basis 
of the facts known, Credit Suisse Group believes that the currently recorded 
provision is adequate to cover the contingencies related to this transaction. 

The amount payable to XL Insurance (Bermuda) Limited is ultimately subject to 
an assessment of the Seasoned Net Reserves Amount by an independent actuary, 
who will determine which of the estimates submitted by the two parties is 
closest to the amount which the independent actuary believes to be the 
correct reserve, and that estimate will be conclusively deemed to be the 
relevant Seasoned Net Reserves Amount. This process is ongoing and, 
consequently, the ultimate resolution of this matter could result in a 
further increase in the required provision for the Winterthur International 
sale-related contingencies, and any such increase could be significant.

The increase in the provision will be accounted for through the profit and 
loss account of Credit Suisse Group and will be reflected in the figures that 
it will report for the fourth quarter of 2004 on February 17, 2005.


Credit Suisse Group, Media Relations                  Telephone +41 1 333 88 44

Credit Suisse Group, Investor Relations               Telephone +41 1 333 31 69

Page 1 of 2

Credit Suisse Group is a leading global financial services company 
headquartered in Zurich. It provides private clients and small and 
medium-sized companies with private banking and financial advisory services, 
and pension and insurance solutions from Winterthur. In the area of 
investment banking, it serves global institutional, corporate, government and 
individual clients in its role as a financial intermediary. Credit Suisse 
Group's registered shares (CSGN) are listed in Switzerland and in the form of 
American Depositary Shares (CSR) in New York. The Group employs around 60,000 
staff worldwide. As of September 30, 2004, it reported assets under 
management of CHF 1,232.2 billion.

This press release contains statements that constitute forward-looking 
statements.  In addition, in the future we, and others on our behalf, may 
make statements that constitute forward-looking statements.  Such 
forward-looking statements may include, without limitation, statements 
relating to our plans, objectives or goals; our future economic performance 
or prospects; the potential effect on our future performance of certain 
contingencies; and assumptions underlying any such statements.  Words such as 
"believes," "anticipates," "expects," "intends" and "plans" and similar 
expressions are intended to identify forward-looking statements but are not 
the exclusive means of identifying such statements.  We do not intend to 
update these forward-looking statements except as may be required by 
applicable laws.  By their very nature, forward-looking statements involve 
inherent risks and uncertainties, both general and specific, and risks exist 
that predictions, forecasts, projections and other outcomes described or 
implied in forward-looking statements will not be achieved.  We caution you 
that a number of important factors could cause results to differ materially 
from the plans, objectives, expectations, estimates and intentions expressed 
in such forward-looking statements.  These factors include (i) market and 
interest rate fluctuations; (ii) the strength of the global economy in 
general and the strength of the economies of the countries in which we 
conduct our operations in particular; (iii) the ability of counterparties to 
meet their obligations to us; (iv) the effects of, and changes in, fiscal, 
monetary, trade and tax policies, and currency fluctuations; (v) political 
and social developments, including war, civil unrest or terrorist activity; 
(vi) the possibility of foreign exchange controls, expropriation, 
nationalization or confiscation of assets in countries in which we conduct 
our operations; (vii) the ability to maintain sufficient liquidity and access 
capital markets; (viii) operational factors such as systems failure, human 
error, or the failure to properly implement procedures; (ix) actions taken by 
regulators with respect to our business and practices in one or more of the 
countries in which we conduct our operations; (x) the effects of changes in 
laws, regulations or accounting policies or practices; (xi) competition in 
geographic and business areas in which we conduct our operations; (xii) the 
ability to retain and recruit qualified personnel; (xiii) the ability to 
maintain our reputation and promote our brands; (xiv) the ability to increase 
market share and control expenses; (xv) technological changes; (xvi) the 
timely development and acceptance of our new products and services and the 
perceived overall value of these products and services by users; (xvii) 
acquisitions, including the ability to integrate successfully acquired 
businesses; (xviii) the adverse resolution of litigation and other 
contingencies; and (xix) our success at managing the risks involved in the 
foregoing.  We caution you that the foregoing list of important factors is 
not exclusive; when evaluating forward-looking statements, you should 
carefully consider the foregoing factors and other uncertainties and events, 
as well as the risks identified in our most recently filed Form 20-F and 
reports on Form 6-K furnished to the US Securities and Exchange Commission.

Page 2 of 2


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                              CREDIT SUISSE GROUP

Date  February 4, 2005                      By:  /s/ David Frick
    ---------------------                       ------------------------------
                                                Head of Group Legal & Compliance
*Print the name and title of the signing
officer under his signature.                    /s/ Charles Naylor
                                                    Head of Group Communications