EANS-Adhoc: KA Finanz AG / Merger as notified through ad-hoc disclosure of 13/03/2015: Compensation and value of special rights

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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other
26.06.2015

26/06/2015

KA Finanz AG (KF), referring to its ad-hoc disclosures dated
11/08/2014 and 13/03/2015, in which the partial sale of
Kommunalkredit Austria AG (KA) and the preceding demerger of the
entire business operations of KA (incl. all its subsidiaries) with
parts of its assets and liabilities by way of a proportionate
demerger into a newly incorporated company (KA New) were announced,
as well as based on the decisions taken by the Supervisory Board
today, 26/06/2015, notifies the following:

The Supervisory Board of KF, at its meeting today, adopted the
following decisions: - Merger of the part of KA remaining after the
demerger (KA Residual) into KF; - Compensation for the rights of
holders of special rights under section 226 (3) Austrian Stock
Corporation Act (Aktiengesetz, AktG) as follows:

ISIN Special right Instrument Nominal in EUR Compensation
in % of nominal
XS0284217709 Supplementary capital 7,583,000 0%
XS0270579856 Supplementary capital 18,957,500 0%

The implementation of the demerger and the merger, as described
above, is subject to a number of conditions precedent and approvals
to be granted by the General Meetings of KF and KA and by the
competent bank regulators, the European Commission and other
authorities.

ISIN:
AT0000441209; XS0140045302; XS0144772927; XS0185015541;
XS0257275098; XS0270579856; XS0279423775; XS0286975973;
XS0354530916

Stock exchanges:
Vienna, Luxembourg

For further information, please contact:
KA Finanz AG
Investor Relations
Dinah Reiss
1092 Wien/Vienna, Türkenstraße/Tuerkenstrasse 9
Tel./Phone: +43/1/31 6 31-678
Fax: +43/1/31 6 31-505 oder/or 99678
Mail: d.reiss@kafinanz.at
WWW: www.kafinanz.at

Issuer: KA Finanz AG
Türkenstraße 9
A-1092 Wien
Telefon: +43/1/310 06 06
Fax +43/1/310 06 06-404
Mail: info@kafinanz.at
WWW: www.kafinanz.at

Sector: Banks
ISIN: -
Indices:
Stock exchanges: Vienna Stock Exchange, Luxembourg Stock Exchange
Language: English

Further inquiry note:
KA Finanz AG
Treasury - Investor Relations
Dinah Reiss
A-1092 Wien, Türkenstraße 9
Tel.: ++43(0)1/310 06 06-678
Fax : ++43(0)1/310 06 06-505 or 99678
Mail: d.reiss@kafinanz.at

end of announcement euro adhoc
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issuer: KA Finanz AG
Türkenstraße 9
A-1092 Wien
phone: +43/1/310 06 06
FAX: +43/1/310 06 06 - 404
mail: info@kafinanz.at
WWW: www.kafinanz.at
sector: Banking
ISIN: -
indexes:
stockmarkets: stock market: Luxembourg Stock Exchange, Wien
language: English