Ad hoc announcement

Raiffeisen Bank International AG / Keyword(s): Statement/Miscellaneous

Raiffeisen Bank International AG: Raiffeisen Bank International conducts
negotiations over the acquisition of Polbank EFG

Ad hoc announcement transmitted by DGAP - a company of EquityStory AG. The
issuer is solely responsible for the content of this announcement.
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Vienna, 22nd December, 2010. Raiffeisen Bank International AG (RBI) is in
negotiations over a majority stake in Polbank EFG (Polbank), Poland, and
has submitted an offer to the owner, EFG Eurobank Ergasias S.A. The outcome
of the process, where RBI is one of several interested parties, is still
uncertain.

In the event of a successful transaction, it is not considered to be
necessary that RBI raise new capital in the near term.

Polbank is focused on retail and small business customers, with a
countrywide network of circa 340 outlets and 2,700 employees, serving
approximately 700,000 customers. Total assets as of 30 June, 2010 were EUR
5.7 billion. An acquisition of Polbank, with its retail focus, would fit
well alongside the existing business of Raiffeisen Bank Polska S.A.,
currently primarily focused on corporate customers, as well as
significantly strengthening the position of the RBI Group in the growing
Polish market.

RBI first entered the Polish market in 1991, through the establishment of
Raiffeisen Bank Polska. Total assets related to the Group's activities in
Poland came to EUR 6.5 billion as of the end of the third quarter, 2010.
The RBI Group employs around 3,000 people in 123 outlets in Poland, serving
over 240,000 customers. In the first nine months of 2010, the Group's
Polish operations generated profit after tax of EUR 46 million, almost
twice the level of the same period the prior year.

For further information please contact:

Susanne Langer
Head of Group Investor Relations 
Raiffeisen Bank International AG
Am Stadtpark 9
A-1030 Vienna
ir@rbinternational.com
phone +43-1-71707-2089
http://www.rbinternational.com


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Language:     English
Company:      Raiffeisen Bank International AG
              Am Stadtpark 9
              A-1030 Vienna
              Österreich
Phone:        +43-1-71707-2089
Fax:          +43-1-71707-2138
E-mail:       ir@rbinternational.com
Internet:     www.rbinternational.com
ISIN:         AT0000606306
WKN:          A0D9SU
Listed:       Freiverkehr in Berlin, München, Stuttgart; Open Market in
              Frankfurt; Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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