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24.11.2017 – 16:31

Kommunalkredit Austria AG

EANS-Adhoc: Kommunalkredit terminates covered bond rating agreement with Moody?s; Covered bonds continue to be rated by S&P

  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

Company Information

Vienna - (Vienna, 24.11.2017) - Kommunalkredit Austria AG (Kommunalkredit)
announces to terminate the agreement with Moody's Rating Agency on the rating of
covered bonds with, currently rated at "Baa1"

The rating agreement with Standard & Poor's (S&P) remains unchanged. S&P
currently rates Kommunalkredit's covered bonds "A" (stable); this rating was
awarded for the first time on 13 June 2017.

Further inquiry note:
Kommunalkredit Austria AG
Martin Hehemann, Head of Corporate Communications
T +43 (0)1/31 6 31-532 or +43 (0)664/80 31631 532

end of announcement                         euro adhoc

issuer:       Kommunalkredit Austria AG
              Türkenstraße  9
              A-1092 Wien
phone:        +43 1 31 6 31
FAX:          +43 1 31 6 31 105
ISIN:         -
stockmarkets: Luxembourg Stock Exchange, Wien, SIX Swiss Exchange
language:     English

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