Calculation of Registration Fee
Title of Each Class of Securities Offered	Maximum Aggregate Offering Price	Amount of Registration Fee
6 Month 9.00% per annum (approximately 4.5% for the term of the securities) Callable Yield Notes due July 29, 2011 Linked to the Performance of the SPDR S&P Metals & Mining ETF and the Market Vectors Gold Miners ETF	$15,000	$1.75

Filed pursuant to Rule 424(b)(8)/Rule 424(b)(2)
Registration Statement No. 333-158199-10
February 4, 2011

Pricing Supplement Addendum No. 1* dated February 4, 2011
To the Pricing Supplement No. U290 dated January 26, 2011,
Underlying Supplement dated June 24, 2010, Product Supplement No. U-I dated October 18, 2010
Prospectus Supplement dated March 25, 2009
and Prospectus dated March 25, 2009

	6 Month 9.00% per annum (approximately 4.5% for the term of the securities) Callable Yield Notes due July 29, 2011 Linked to the Performance of the SPDR S&P Metals & Mining ETF and the Market Vectors Gold Miners ETF
Financial Products

Issuer:	Credit Suisse AG, acting through its Nassau Branch
CUSIP:	22546EN34
Public Offering Price per Note:	$1,000.00
Principal Amount of Notes:	$15,000.00
Principal Amount per Note:	$1,000.00
Trade Date:	January 26, 2011
Settlement Date:	February 7, 2011
Agent:	Credit Suisse Securities (USA) LLC (“CCSU”), an affiliate of the Issuer
Proceeds to Issuer:	$987.50 per $1,000 principal amount of Notes
Underwriting Discount and Commission:	We or one of our affiliates will pay $12.50 per $1,000 principal amount of securities in connection with the distribution of the securities, for total underwriting discounts and commissions of $187.50 In addition, an affiliate of ours will pay referral fees of up to $5.00 per $1,000 principal amount of securities. For more detailed information, please see “Supplemental Plan of Distribution (Conflicts of Interest)” on the last page of accompanying pricing supplement.

* This addendum #1 supplements Pricing Supplement No. U290 dated January 26, 2011 and the Principal Amount of Notes set forth above represents an amount in addition to the initial issuance of $1,541,000, for a total Principal Amount of $1,556,000.

You may lose some or all of your principal if you invest in the Notes. Investing in the securities involves a number of risks. See “Selected Risk Considerations” in the accompanying pricing supplement and “Risk Factors” beginning on page PS-3 of the accompanying product supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined that this pricing supplement addendum, or the accompanying pricing supplement, prospectus supplement and prospectus, is truthful or complete. Any representation to the contrary is a criminal offense. The Notes are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Credit Suisse