Ad-hoc | 4 April 2006 22:51


Raiffeisen International Bank-Holding AG: Raiffeisen International has decided to start negotiations to sell Raiffeisenbank Ukraine

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad-hoc Release according to §48d Abs. 1 BörseG Raiffeisen International has decided to start negotiations to sell Raiffeisenbank Ukraine Vienna, 4th April 2006. The Managing Board of Raiffeisen International Bank-Holding AG (Raiffeisen International) (ISIN: AT0000606306) has decided to start negotiations to sell 100 per cent of the shares of JSCB Raiffeisenbank Ukraine. Should the negotiations not come to a successful conclusion in several weeks, then a merger with Bank Aval, which was acquired in 2005, will take place. Raiffeisenbank Ukraine has been operational since 1998 and had total assets of over Euro 1.2 billion, as well as 39 branches, at the end of 2005. Raiffeisenbank Ukraine has been active predominantly in the corporate segment. This makes the bank one of the smaller network banks in the Raiffeisen International Group. The transaction could generate a substantial extraordinary gain for the Raiffeisen International Group reflecting a multiple of the book value of Raiffeisenbank Ukraine. The Managing Board of Raiffeisen International does not intend to follow a similar strategy in Russia in connection with the forthcoming purchase of Impexbank. The sale of Raiffeisenbank Ukraine would eliminate merger costs with Bank Aval, which was purchased in 2005. Furthermore it would be possible to speed up the transformation process. The Raiffeisen brand would not be included in the sale, instead it would be incorporated into the Bank Aval name. The Aval brand will be re-branded into Raiffeisen Bank Aval. Raiffeisen International’s further expansion in the high growth banking sector in Ukraine would be continued by Raiffeisen Bank Aval. After a possible sale, the Raiffeisen Bank Aval would still play a leading role as the second largest bank in the Ukrainian market, with total assets of Euro 3.4 billion and 1,342 branches. For further information please contact: Susanne E. Langer Head of Investor Relations Raiffeisen International Bank-Holding AG A-1030 Vienna, Am Stadtpark 9 Tel.: +43 (1) 717 07 2089 Fax: +43 (1) 717 07 2138 investor.relations@ri.co.at http://www.ri.co.at (c)DGAP 04.04.2006 ————————————————————————— language: English emitter: Raiffeisen International Bank-Holding AG Am Stadtpark 9 1030 Vienna Österreich phone: +43-1-71707-2089 fax: +43-1-71707-2138 email: investor.relations@ri.co.at WWW: www.ri.co.at ISIN: AT0000606306 WKN: 60630 indexes: stockmarkets: Amtlicher Markt in Wiener Börse; Freiverkehr in Berlin-Bremen, Stuttgart, München; Open Market in Frankfurt End of News DGAP News-Service —————————————————————————