28.04.2009 – 10:05

Kommunalkredit Austria AG

EANS-Adhoc: Kommunalkredit Austria AG
Financial Results 2008

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.

annual report

28.04.2009

Kommunalkredit Austria AG today published its financial results as of
31 December 2008.

Considering a surety issued by the republic of Austria in favour of 
Kommunalkredit Austria AG for EUR 1,207.9 mln. the consolidated 
financial result has been EUR -1.450 mln. This result includes 
unrealized negative results caused by the valuation of the CDS- and 
security-portfolio in the amount of EUR 1.966,8 mln.

Regarding Kommunalkredit Austria AG the result 2008 according to 
Austrian GAP has been EUR -345,8 mln. Regarding Kommunalkredit 
International Bank ltd., Cyprus, the result 2008 has been EUR -676 
mln. The results of both companies are included in the consolidated 
financial result.

More details concerning the consolidated financial results of 
Kommunalkredit Austria will be published today, 11 a.m., MET, in the 
course of a press conference.

ISIN:
XS0285503248
XS0252707624
DE000A0DHT43
XS0270579856

Stock Exchanges:
Vienna, Luxembourg, Amsterdam, Frankfurt

Language:     English
Issuer   :    Kommunalkredit Austria AG
              Tuerkenstrasse 9
              1092 Wien
              Österreich
Phone:        +43/1/31 6 31-640
Mail:          investorrelations@kommunalkredit.at
Internet:  www.kommunalkredit.at

end of announcement                               euro adhoc

Further inquiry note:

Kommunalkredit Austria AG
Treasury - Financial Markets
Thomas Fendrich
1092 Wien, Türkenstraße 9
Tel. ++43(0)1/31631-640
Fax: ++43(0)1/31631-505 oder/or 99640
Mail: t.fendrich@kommunalkredit.at

Branche: Banking
ISIN:
WKN:
Börsen: Wiener Börse AG / stock market