Filed pursuant to Rule 433 Registration Statement No. 333-158199-10 December 9, 2010
Issuer Information Issuer Credit Suisse AG Index Information Index - S&P 500 VIX Short-Term Futures Index ER Bloomberg Index Ticker SPVXSP Futures Weighted Average Maturity 1 Month
TVIX: VelocityShares Daily 2x VIX Short-Term ETN
Note Information Exchange Ticker Exposure Reset Period Indicative Value Ticker Inception Date Maturity Date CUSIP Primary Exchange Investor Fee * TVIX Leveraged (2x) Daily TVIXIV 11/29/2010 12/04/2030 22542D761 NYSE Arca 1.65%
*On any calendar day, the Daily Investor Fee is equal to the product of (1) the Closing Indicative Value on the immediately preceding calendar day multiplied by (2) the Daily ETN Performance for that series on such calendar day multiplied by (3) the quotient of (a) 0.0165 divided by (b) 365.
Fact Sheet | www.velocityshares.com | 203-594-1365
Benefits of Trading Volatility
Volatility ETNs may be used to express short-term views on the direction of volatility Volatility is often negatively correlated to the performance of US equity markets Volatility appears to revert to the mean, which indicates at historically low VIX levels, there is a higher probability that the next big move will be up rather than down. Conversely, at historically high VIX levels, the next big move is more likely to be down rather than up The ETNs are intended to be trading tools for sophisticated investors and should be purchased only by knowledgeable investors who understand the potential consequences of investing in a volatility index and of seeking leveraged investment results The ETNs may be redeemed at the investors option subject to certain restrictions described in the prospectus such as a minimum number of ETNs required for redemption and redemption being limited to certain dates. Redemption prior to maturity may result in the imposition of a charge that would reduce the amount an investor receives to less than the full amount of the Closing Indicative Value The return at maturity, upon repurchase or early redemption will be reduced by the fees and charges associated with the ETN The ETNs are not linked to the VIX The ETNs are designed to obtain their stated investment objectives on a daily basis If you hold your ETN as a long term investment, it is likely that you will lose all or a substantial portion of your investment
The VelocityShares Daily 2x VIX Short-Term ETNs (the ETNs) are senior, unsecured obligations of Credit Suisse AG (Credit Suisse) acting through its Nassau branch. The return on the ETNs is linked to twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures Index ER less the investor fee. The ETNs provide traders with an exchange traded instrument enabling them to efficiently express their market views on the short-term futures contracts on the CBOE SPX Volatility Index (the VIX). The ETNs do not guarantee any return of principal at maturity and do not pay any interest during their term.
The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The calculation of the VIX is based on prices of put and call options on the S&P 500 Index. The S&P 500 VIX ShortTerm Futures Index ER targets a constant weighted average maturity of 1 month. The ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.

Risks Associated with the ETNs
You may lose all or a significant part of your investment in the ETNs if the index decreases or does not increase by an amount sufficient to offset the applicable fees and charges The ETNs and payment of any amount due on the ETNs are subject to the credit risk of Credit Suisse. Any payment on the ETNs is subject to the ability of Credit Suisse AG to satisfy its obligations as they become due
www.velocityshares.com | 877-5-VELOCITY | 877-583-5624
Risks (continued from prior page)
The issuer has the right to call your ETNs The market price of your ETNs may be influenced by many unpredictable factors Although we intend to list the ETNs on NYSE Arca, a trading market for your ETNs may not develop Daily rebalancing will impair the performance of the ETNs if the underlying index experiences volatility Because the 2x Long ETNs are linked to the daily performance of the applicable underlying Index and include leveraged exposure, changes in the market price of the underlying futures will have a greater likelihood of causing such ETNs to be worth zero than if such ETNs were not linked to the leveraged return of the applicable underlying Index
The risks set forth in the section entitled Risks Associated with the ETNs on the preceding page and Risks (continued from prior page) on this page are only intended as summaries of some of the risks relating to an investment in the ETNs. Prior to investing in the ETNs, you should, in particular, review the Risks Factors section in the applicable pricing supplement, which set forth risks related to an investment in the ETNs.
Credit Suisse has filed a registration statement (including a pricing supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission, or SEC, for the offering of securities. Before you invest, you should read the applicable pricing supplement, the prospectus supplement dated March 25, 2009, prospectus dated March 25, 2009 (File No. 333-158199-10), to understand fully the terms of the notes and other considerations that are important in making a decision about investing in the securities. You may get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Credit Suisse or VLS Securities LLC or any agent or dealer participating in an offering will arrange to send you the applicable terms sheet or pricing supplement, prospectus supplement and prospectus if you so request by calling toll-free 1 800-221-1037. Information contained in the VelocityShares website (www.velocityshares.com) is not incorporated by reference in, and should not be considered a part of, this free writing prospectus or any pricing supplement of Credit Suisse AG, and to the extent any of such information has not been filed by Credit Suisse AG, we have not participated in the preparation of, or verified, such publicly available information. Standard & Poor's, S&P, S&P 500, Standard & Poor's 500, S&P 500 VIX Short-Term Futures and S&P 500 VIX MidTerm Futures are trademarks of Standard & Poor's Financial Services LLC (S&P) and have been licensed for use by VelocityShares LLC. VIX is a trademark of the Chicago Board Options Exchange, Incorporated (CBOE) and has been licensed for use by S&P. The ETNs are not sponsored, endorsed, sold or promoted by S&P or CBOE and S&P and CBOE make no representation regarding the advisability of investing in the ETNs.

TViX Manager

IF you need to download the latest F/W, Double click on your country at the Latest Firmware Version.

1. Install TVIX Manager

1.1 Download TViX Manager
1. Please visit our Homepage, and download the latest version of TVIX Manager. 2. Click on TVIXManagerX.XX.exe to download.

3. Please click on save.

4. Please click on save again. If you want to download to other folder, look for other folder first and click on save.

Install TViX Manager

1. After download, you can see the installing file of TVIX Manager. Double click on the file to start installing.
2. Program starts the installing.

3. Please click on Next.

4. Please click on Next, again. If you want to install the program at other folder, look for it and

change the folder first.

5. Please click on next.
6. The installing is starting.
** If you are installing the previous version or Full Version, It will install the. NET. You must install. NET to use TViX Manager. Once you install it, you dont need to install it, again. 7. Check on I accept option. And click on Next.
8. After finish the installing, click on Finish to complete the install.
9. The installing of Microsoft Data Access Components 2.7 is completed. Click on Close.
10. Start to install.NET Framework 1.1.Check on I agree option. Click on Install.
11. The installing is starting.
12. When the installing is done, Click on OK.
13. All installing process is finished. Click on Finish.
2. How to use TVIX Manager.
1. To start the TVIX Manager, double click on the program icon.
2. Please click on Ok to start the TVIX Manager.
3. How to use TVIX Manager.
: Browse the folder that has video format files. : Scan the files from the folder that you browsed. : Look for the files by typing the keyword. It will also look for the files that you have scanned before, if you make a check-mark on an option. : Choose the files from the list to copy in the other folder. : You can visit to our homepage by clicking on it.

The meaning of all taps.

: After the scanning, it shows the files that you scanned. : It is the list that shows the folders have the AVI files. : It shows that which folder has the file. : This tap shows file name. : It shows the codec that used for video. : It shows the codec that used for audio. : It shows the file has how many audio tracks. Usually, it will show 1. But if the file includes multiaudio, it will show the numbers of the multi-audio. : Shows width of video by pixel. : Shows height of video by pixel. : shows the Frame Rate of file. : Shows the Bit Rate of file. : Shows the Audio Bit Rate of file. : Shows the Audio Sample Rate of file. : It shows the file used the QPEL. : It shows the file used the GMC. : It shows the files can be played in TVIX. : It is playable. : The files had been corrupted. : It is the unsupported files.
4. Easy way to use the TVIX Manager
It will explain the easy way you can find out the video format files in your PC is playable in TVIX. Following the next steps and enjoy TVIX comfortably. 1. Start the TVIX Manager. 2. Click on the 3. Click in the. And look for the folder that includes video format files. to start scan.

After the scanning you will get the list of video format files that you scanned. By checking the information on the list, you will know which files are playable or not in TVIX.
(1) is the reason why the file is not playable. (2) shows the files can be played in TVIX.