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Österreichische Volksbanken-Aktiengesellschaft

EANS-Adhoc: Österreichische Volksbanken-Aktiengesellschaft
no payments on profit-related instruments for the 2011 business year

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  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.
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Company Information

20.09.2011

The management board of Österreichische Volksbanken AG (VBAG) announces that due
to the increasingly difficult economic environment a payment on profit-related
instruments (shares, participation capital, hybrid capital and supplementary
capital) in 2012 for the 2011 business year is unlikely from today´s viewpoint.

According to a current forecast the main reasons for the profit warning are an
increasingly difficult economic environment which negatively affected the
valuation of participations (VB Romania), the sale of participations as well as
an earnings forecast impacted by potential additional financial burdens (e.g.
measures by the Hungarian government with respect to foreign currency loans). 


Stock exchange listed issues of participation capital issued by Österreichische
Volksbanken-Aktiengesellschaft:
ISIN:
AT0000755665 Österreichische Volksbanken-AG Partizipationsscheine 
XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital
Certificates 


The five biggest listed issues of Österreichische Volksbanken-Aktiengesellschaft
in terms of issue volume:
ISIN:                   
XS0451759012    
XS0417722393    
XS0412533399    
XS0271095357    
AT000B053442


The issues of Österreichische Volksbanken-Aktiengesellschaft are admitted on the
following stock exchanges:
Second Regulated market of Wiener Börse AG
Official trading of Wiener Börse AG
EUWAX segment of Baden-Württembergische Wertpapierbörse
Regulated market of Baden-Württembergische Wertpapierbörse
Regulated market of the Prague Stock Exchange
Regulated market of the Luxembourg Stock Exchange
Open Market of Berlin Stock Exchange
Open Market of Stuttgart Stock Exchange
Open Market of Frankfurt Stock Exchange


Further inquiry note:
Ansprechpartner:

Walter Gröblinger

Tel.: +43/ (0) 50 4004-0

E-Mail:  walter.groeblinger@volksbank.com

end of announcement                               euro adhoc 
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issuer:      Österreichische Volksbanken-Aktiengesellschaft
             Kolingasse  19
             A-1090 Wien
phone:       +43 0 50 4004-0
WWW:      www.volksbank.com
sector:      Banking
ISIN:        AT0000755665
indexes:     Standard Market Auction
stockmarkets: stock market: Prague Stock Exchange, official market: Wien 
language:   English

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