EANS-Adhoc: RZB Finance Jersey IV Limited / TERMINATION OF EXCHANGE OFFER FOR ITS EUR 500,000,000 NON-CUMULATIVE SUBORDINATED PERPETUAL CALLABLE STEP-UP FIXED TO FLOATING RATE CAPITAL NOTES

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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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Exchange Offer

29.06.2009

RZB FINANCE (JERSEY) IV LIMITED ANNOUNCES TERMINATION OF EXCHANGE
OFFER FOR ITS EUR 500,000,000 NON-CUMULATIVE SUBORDINATED PERPETUAL
CALLABLE STEP-UP FIXED TO FLOATING RATE CAPITAL NOTES (ISIN/ Common
Code XS0253262025/025326202)

On 18 June 2009, RZB Finance (Jersey) IV Ltd., announced its
invitation to holders of its outstanding EUR500,000,000
Non-cumulative Subordinated Perpetual Callable Step-up Fixed to
Floating Rate Capital Notes to offer to exchange their Existing Notes
for Non-cumulative Subordinated Perpetual Callable Fixed to Floating
Rate Capital Notes to be issued by RZB Finance (Jersey) IV Ltd., with
both the Existing Notes and the New Notes having the benefit of a
support agreement with Raiffeisen Zentralbank Österreich AG (RZB).
The Exchange Offer was made on the terms and subject to the
conditions set out in the Exchange Offer Memorandum dated 18 June
2009. Following its decision pursuant to the terms of the Exchange
Offer not to accept any offers of Existing Notes for exchange, RZB
Finance (Jersey) IV Ltd. has today announced the termination of the
Exchange Offer. This announcement must be read in conjunction with
the Exchange Offer Memorandum. Noteholders are advised to read
carefully the Exchange Offer Memorandum for full details of and
information on the Exchange Offer. BNP Paribas and UBS Investment
Bank acted as Dealer Managers, RZB acted as Co-Dealer Manager and
Lucid Issuer Services Limited acted as Exchange Agent. Questions in
connection with the Exchange Offer may be directed to either Dealer
Manager.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON OR IN
OR INTO THE UNITED STATES OR IN OR INTO OR TO ANY PERSON LOCATED OR
RESIDENT IN THE REPUBLIC OF ITALY.

Jersey, 29 June 2009

RZB Finance Jersey IV Limited
Grenville Street 22
JE- St. Helier Jersey / Channel Islands

Dealer Managers: BNP Paribas, Attention: Debt Restructuring Group, 10
Harewood Avenue, London NW1 6AA, United Kingdom, Telephone: +44 207
595 8668, Email: debt.restructuring@bnpparibas.com

UBS Limited Attention: Liability Management Group - Mark T Watkins, 1
Finsbury Avenue, London EC2M 2PP, United Kingdom, Telephone: +44 20
7567 0525, , Email: mark-t.watkins@ubs.com

Further enquiries: Raiffeisen Zentralbank Österreich AG Andreas Ecker
Phone: +43 1 71707-2222 andreas.ecker@rzb.at or Kathrin Polster +43 1
71707 - 1753, kathrin.polster@rzb.at.

Disclaimer: This ad-hoc announcement constitutes neither an offer to
sell nor a solicitation to buy any New Notes. This ad-hoc
announcement is not being issued in the United States of America and
must not be distributed to U.S. persons (as defined in Regulation S
of the U.S. Securities Act of 1933, as amended ("Securities Act") or
with a general circulation in the United States. This ad-hoc
announcement does not constitute an offer or invitation to purchase
any New Notes in the United States. The New Notes have not been
registered under the Securities Act and may not be offered, sold or
delivered within the United States or to U.S. persons absent from
registration under or a applicable exemption from the registration
requirements of the United States Securities Laws.

end of announcement euro adhoc
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ots Originaltext: RZB Finance Jersey IV Limited
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Raiffeisen Zentralbank Österreich AG

Andreas Ecker-Nakamura

Phone: +43 1 71707-2222

mailto:andreas.ecker@rzb.at

Branche: Banking
ISIN: XS0253262025
WKN:
Börsen: Wien / stock market