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28.04.2009 – 10:04

Kommunalkredit Austria AG

EANS-Adhoc: Kommunalkredit Austria AG
Financial Results 2008

  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

annual report


Kommunalkredit Austria AG today published its financial results as of 31 December 2008.

Considering a surety issued by the republic of Austria in favour of Kommunalkredit Austria AG for EUR 1,207.9 mln. the consolidated financial result has been EUR -1.450 mln. This result includes unrealized negative results caused by the valuation of the CDS- and security-portfolio in the amount of EUR 1.966,8 mln.

Regarding Kommunalkredit Austria AG the result 2008 according to Austrian GAP has been EUR -345,8 mln. Regarding Kommunalkredit International Bank ltd., Cyprus, the result 2008 has been EUR -676 mln. The results of both companies are included in the consolidated financial result.

More details concerning the consolidated financial results of Kommunalkredit Austria will be published today, 11 a.m., MET, in the course of a press conference.

ISIN: XS0285503248 XS0252707624 DE000A0DHT43 XS0270579856

Stock Exchanges: Vienna, Luxembourg, Amsterdam, Frankfurt

Language:     English
Issuer   :    Kommunalkredit Austria AG
              Tuerkenstrasse 9
              1092 Wien
Phone:        +43/1/31 6 31-640
end of announcement                               euro adhoc

Further inquiry note:

Kommunalkredit Austria AG
Treasury - Financial Markets
Thomas Fendrich
1092 Wien, Türkenstraße 9
Tel. ++43(0)1/31631-640
Fax: ++43(0)1/31631-505 oder/or 99640

Branche: Banking
Börsen: Wiener Börse AG / stock market

Original content of: Kommunalkredit Austria AG, transmitted by news aktuell