31.03.2011 – 12:47

Kommunalkredit Austria AG

EANS-Adhoc: Kommunalkredit Austria AG
EU State Aid Procedure

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EU State Aid Procedure / Restructuring / Supplementary Capital / Participation Capital

31.03.2011

Kommunalkredit Austria AG / EU State Aid Procedure

Kommunalkredit Austria AG confirms that a positive decision has been taken by the European Commission within the framework of the EU state aid procedure. Based on this decision, Kommunalkredit Austria AG herewith notifies - referring also to its ad-hoc notification dated 10 February 2011 - that no coupon payments on its supplementary and participation capital will be made prior to the company´s privatisation, which is anticipated in the medium-term.

Further information: German and English version http://www.kommunalkredit.at

Language: German, English

Issuer: Kommunalkredit Austria AG

Tuerkenstrasse 9
                1092 Vienna
                Austria
Phone:   +43/1/31 6 31-433
E-mail:  investorrelations@kommunalkredit.at
Internet:    www.kommunalkredit.at

ISIN: XS0252707624 XS0285503248

Stock exchange: Luxembourg

For enquiries:  Kommunalkredit Austria AG
                Treasury - Investor Relations
                        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

Issuer:         Kommunalkredit Austria AG

end of announcement                               euro adhoc
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Further inquiry note:

Kommunalkredit Austria AG
Treasury - Financial Markets
Mag. Christoph Zoitl
1092 Wien, Türkenstraße 9
Phone: ++43 (0)1/31 6 31-433
Fax: ++43 (0)1/31 6 31-505 or 99433
Mail: c.zoitl@kommunalkredit.at

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

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