EANS-Adhoc: Kommunalkredit Austria AG / Demerger

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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Demerger/Capital increase/Kommunalkredit Depotbank AG

27.11.2009

Kommunalkredit Austria AG (in future: KA Finanz AG) and
Kommunalkredit Depotbank AG (in future: Kommunalkredit Austria AG)
herewith announce that the spin-off of the core banking business of
Kommunalkredit Austria AG to Kommunalkredit Depotbank AG, notified
and described in detail in the ad-hoc notification issued by
Kommunalkredit Austria AG on 17 November 2009 ("Kommunalkredit
Austria AG/Split-up"), will become legally effective as of 28
November 2009. The capital measures described in the ad-hoc
notification dated 17 November 2009 will also take effect as of the
same time. The final negotiations with the European Commission on
these measures are being continued.

Further information: german version
http://www.kommunalkredit.at/DE/Kommunalkredit/Presss/Pressetexte

Language: German, English

Emittent:
Kommunalkredit Austria AG
Tuerkenstrasse 9
1092 Vienna
Austria
Phone: +43/1/31 6 31-640
Mail: investorrelations@kommunalkredit.at
Internet: www.kommunalkredit.at

ISIN:
XS0285503248, XS0252707624, DE000A0DHT43, XS0270579856, AT0000320890,
AT0000329966, XS0437341307, AT0000329859, AT0000329842, DE0002490505,
XS0431077550, XS0427232409, XS0422281252, AT0000A0D675, XS0416396108,
XS0414763382, CH0022603424, XS0410581614, AT0000329941, AT0000329768,
XS0455437904, XS0455436179, XS0452330656, XS0450912018, XS0385340764,
XS0384064936, XS0373257590, XS0363957530, XS0362591249, XS0361391617,
XS0354530593, XS0354531211, XS0354530916, XS0342083101, XS0340901908,
XS0336932065, XS0316603785, XS0315498765, XS0315418839, XS0304532392,
XS0302365134, XS0299062389, XS0289015777, XS0286975973, XS0286872576,
XS0286031777, XS0284919056, XS0285666383, XS0279423775, XS0275587987,
XS0275587987, XS0271821513, XS0270872640, XS0267998481, XS0267751245,
XS0266826659, XS0261832942, XS0260020366, XS0257275098, XS0255439803,
CH0025662831, CH0025662831, CH0025662831, XS0253410236, XS0252863245,
XS0252786669, XS0252593198, DE000A0GPU96, XS0245717854, XS0245191555,
XS0244843511, XS0243521530, XS0242204609, XS0242018645, XS0241451581,
CH0024015452, XS0236776877, XS0235597068, CH0022654518, CH0022654518,
CH0022654518, XS0227404661, CH0022280058, XS0222702655, XS0219327524,
XS0218834843, XS0218885670, XS0218885910, XS0218474533, XS0215839019,
XS0215865287, XS0216184621, XS0215246546, XS0214981812, XS0214564972,
XS0213831471, XS0213830820, XS0213696916, XS0213230047, XS0212932700,
CH0020669583, CH0020669583, XS0212122534, XS0211496590, XS0210167218,
CH0020208473, CH0020208473, CH0020208473, XS0205974701, XS0200950599,
XS0197387953, XS0187975262, XS0186736228, AT0000441209, XS0185015541,
CH0017447787, CH0017447787, XS0180539420, XS0176120268, XS0172076365,
CH0016143015, XS0166801174, XS0165196261, XS0163624504, XS0160668181,
XS0144772927, XS0140045302, XS0137435334, DE0004530902, DE0004530902,
XS0107642547, XS0107642547, XS0104786263, AT0000320858, XS0100920353,
AT0000320833, XS0095210034, XS0095210034

Stock Exchanges: Vienna, Luxembourg, Amsterdam, Frankfurt,
Zürich

Emittent: Kommunalkredit Austria AG

end of announcement euro adhoc
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ots Originaltext: Kommunalkredit Austria AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Kommunalkredit Austria AG

Treasury - Financial Markets

Thomas Fendrich

1092 Vienna, Tuerkenstrasse 9

Phone: +43 (0)1/31 6 31-640

Fax: +43 (0)1/31 6 31-505 or 99640

Mail: t.fendrich@kommunalkredit.at

Branche: Banking
ISIN:
WKN:
Börsen: Wien / stock market