Ad-hoc | 20 August 2005 16:23

Raiffeisen International acquires Bank Aval in Ukraine

Ad hoc announcement Raiffeisen International acquires Bank Aval in Ukraine Raiffeisen International acquires Bank Aval in Ukraine Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Raiffeisen International Bank-Holding AG (RI) (ISIN: AT0000606306) announces that it has entered into a definitive agreement to acquire Joint Stock Post Pension Bank Aval (Bank Aval) in Ukraine. Today, 20 August 2005, the negotiations ended successfully. As a result, RI will acquire 93.5 per cent of Bank Aval, provided the transaction is approved by the Ukrainian National Bank and other relevant authorities in Ukraine and Austria. Both parties have agreed not to disclose the purchase price. For RI, Ukraine is a market of strategic importance in Eastern Europe. The Ukrainian economy had a real GDP growth rate of 12 per cent in 2004, and the country has a vigorously growing banking market. With this transaction, and its activities to date, RI will become the market leader in Ukraine. RI will now be able to considerably expand its position, especially in the retail business. In terms of its balance sheet total, Bank Aval is currently Number Two on the Ukrainian banking market. At the end of 2004 the bank’s balance sheet total was USD 2.1 billion, it had approximately 3 million retail customers, 210,000 corporate customers and 1,378 outlets. For further information please contact: Susanne E. Langer Head of Investor Relations investor.relations@ri.co.at Phone: +43 (1) 71707 2089 Fax: +43 (1) 71707 2138 http://www.ri.co.at Raiffeisen International Bank-Holding AG Am Stadtpark 9 1030 Vienna Austria ISIN: AT0000606306 WKN: 060630 Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin-Bremen, Frankfurt, München und Stuttgart End of ad hoc announcement (c)DGAP 20.08.2005 201623 Aug 05