EANS-Adhoc: Vienna Insurance Group expands its Group Managing Board

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announcement.
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Board of Directors (Appointments and Changes)
08.09.2015

In its meeting today, the Supervisory Board of Vienna Insurance Group
AG Wiener Versicherung Gruppe decided to expand its Managing Board.

With effect from 1 January 2016, Judit Havasi and Roland Gröll will
be appointed to the Managing Board. Also with effect from 1 January
2016, Elisabeth Stadler and Gábor Lehel will be appointed as Deputy
Members of the Managing Board. As with current Board Members, the
term of the appointments will be until 30 June 2018.

Judit Havasi has worked for the Group since 2000. She began as an
internal audit employee in UNION Biztosító, and became the head of
this department in 2003. Before her appointment to the Managing Board
of Wiener Städtische Versicherung in 2009, Judit Havasi was a Member
of the Wiener Städtische Austria Committee in Vienna Insurance Group
and a Member of the Managing Board of UNION Biztosító in Hungary. She
has been Deputy General Manager of Wiener Städtische Versicherung
since 2013. In addition, since 2011, she has also been a Deputy
Member of Vienna Insurance Group's Managing Board.

Roland Gröll studied at the Vienna University of Economics and
Business and joined Wiener Städtische Versicherung in 1994 in the
area of Finance and Accounting. In 2003, he became Deputy Head of
Finance and Accounting, a department which he has been leading for
the Group since 2008 until now. In addition, Roland Gröll is active
in Supervisory Boards of Group companies of Vienna Insurance Group.

Elisabeth Stadler, who since September 2014 has been the General
Manager of Donau Versicherung, studied actuarial mathematics at the
Vienna University of Technology and has made a career in the Austrian
insurance industry as a Member and Chairwoman of Managing Boards. In
May 2014, Elisabeth Stadler was awarded the title of 'Professor' for
her services to the insurance industry by Federal Minister Gabriele
Heinisch-Hosek.

Gábor Lehel, General Manager of UNION Biztosító, joined Vienna
Insurance Group in 2003 as an employee of the General Secretariat. In
2005, he set-up the Group Controlling, before being appointed as Head
of the General Secretariat in 2006. Gábor Lehel has been a Member of
the UNION Biztosító Managing Board since 2008. He studied business
management with an emphasis on finance in Tatabánya and Budapest.

The Vienna Insurance Group Managing Board will consist of the
following Members as of 1 January 2016: -) General Manager Peter
Hagen (CEO) -) Martin Simhandl, CFO -) Franz Fuchs -) Roland Gröll -)
Judit Havasi -) Peter Höfinger

From 1 January 2016, Deputy Members for the Managing Board will be:
-) Martin Diviš, MBA
-) Gabor Lehel
-) Elisabeth Stadler

The following securities of VIG are admitted for trading on a
regulated market:

Issue title ISIN Trading segment
Aktie AT0000908504 Vienna and Prague Stock
Exchange, Official Market

VIG nachrang. Anl. 15 AT0000A1D5E1 Luxembourg Stock Exchange,
Second Regulated Market

VIG nachrang. Schuldv.13-43 AT0000A12GN0 Vienna Stock Exchange, Second
Regulated Market

Wr.Staedt. Hybridkap-Anl. 08 AT0000A09SA8 Vienna Stock Exchange, Second
Regulated Market

Wr.Staedt.Vers. EK-Anl. 05-22 AT0000342696 Vienna Stock
Exchange, Official Market

Wr.Staedt.Vers. var EK-Anl. 05 AT0000342704 Vienna Stock
Exchange, Official Market

Further inquiry note:
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
1010 Wien, Schottenring 30

Alexander Jedlicka
Leiterin Public Relations
Tel.: +43 (0)50 390-21029
Fax: +43 (0)50 390 99-21029
E-Mail: alexander.jedlicka@vig.com

Nina Higatzberger
Leiterin Investor Relations
Tel.: +43 (0)50 390-21920
Fax: +43 (0)50 390 99-21920
E-Mail: nina.higatzberger@vig.com

end of announcement euro adhoc
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issuer: Vienna Insurance Group
Schottenring 30
A-1010 Wien
phone: +43(0)50 390-21919
FAX: +43(0)50 390 99-23303
mail: investor.relations@vig.com
WWW: www.vig.com
sector: Insurance
ISIN: AT0000908504
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien, stock market: Prague Stock Exchange
language: English