EANS-Adhoc: Kommunalkredit Austria AG / Privatization process not completed on the basis of existing offers

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other/Privatisations
16.05.2013

Today, Kommunalkredit Austria AG (KA) was informed by
Finanzmarktbeteiligung Aktiengesellschaft des Bundes (FIMBAG) which
is responsible for the handling of the privatization process of KA on
behalf of the Republic of Austria, that the privatization process was
not completed on the basis of existing offers. A value preserving
transaction for shareholders was not possible in the current market
environment. As a result, KA remains in the ownership of the Republic
of Austria.

KA was further informed that the Republic of Austria has applied with
the European Commission (EC) not to appoint a divestiture trustee.
Conversely, KA will not effect any new lending activity. Existing as
well as committed lending transactions as well as ongoing refinancing
activity will continue.

Language: German, English

Issuer: Kommunalkredit Austria AG
Tuerkenstrasse 9
1092 Vienna
Austria
Phone: +43/1/31 6 31-678
E-mail: investorrelations@kommunalkredit.at

Internet: www.kommunalkredit.at

ISIN:
XS0285503248, XS0252707624, XS0437341307, AT0000329859, DE0002490505,
XS0373257590, XS0340901908, XS0336932065, XS0302365134, XS0299062389,
XS0289015777, XS0286031777, XS0271821513, XS0270872640, XS0267998481,
XS0266826659, XS0261832942, XS0260020366, XS0255439803, CH0025662831,
XS0253410236, XS0252786669, XS0252593198, DE000A0GPU96, XS0244843511,
XS0241451581, CH0024015452, XS0236776877, XS0235597068, CH0022654518,
CH0022280058, XS0219327524, XS0218834843, XS0218474533, XS0215839019,
XS0215865287, XS0215246546, XS0214981812, XS0214564972, XS0213696916,
XS0213230047, CH0020669583, XS0212122534, XS0211496590, XS0210167218,
XS0205974701, XS0197387953, XS0187975262, XS0186736228, CH0017447787,
XS0180539420, XS0176120268, XS0172076365, XS0166801174, XS0163624504,
XS0160668181, XS0104786263, XS0100920353, AT0000A0H9X0, XS0495988072,
XS0591640155, XS0592235187, XS0632936950, XS0641895577, XS0641895148,
XS0641894927, XS0687890441

Stock exchanges: Vienna, Luxembourg, Frankfurt, Zurich

Issuer: Kommunalkredit Austria AG
Tuerkenstrasse 9
A-1092 Vienna
Phone: +43 1 31 6 31
FAX: +43 1 31 6 31 105
Mail: kommunal@kommunalkredit.at
WWW: www.kommunalkredit.at
Sector: Banking
ISIN: -

Indexes:
Stockmarkets: stock market: Vienna
Language: English

Further inquiry note:
Kommunalkredit Austria AG
Treasury
Christoph Zoitl
1092 Vienna, Tuerkenstrasse 9
Phone: +43/1/31 6 31-433
Fax: +43/1/31 6 31-505 or 99433
E-mail: c.zoitl@kommunalkredit.at

end of announcement euro adhoc
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issuer: Kommunalkredit Austria AG
Türkenstraße 9
A-1092 Wien
phone: +43 1 31 6 31
FAX: +43 1 31 6 31 105
mail: kommunal@kommunalkredit.at
WWW: www.kommunalkredit.at
sector: Banking
ISIN: -
indexes:
stockmarkets: stock market: Wien
language: English