EANS-Adhoc: Österreichische Volksbanken-Aktiengesellschaft / VBAG result half year 2011: Group result declining as a result of write downs on sovereign risk.

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6-month report

25.08.2011

The management board of Österreichische Volksbanken AG (VBAG)
announces, that group operating result for the half year 2011
amounted to euro 199 mio. Write downs on sovereign risk led to a
group result before taxes of euro 11 mio. As a result of the
difficult economic environment and of the current degree of
implementation of VBAG´s "Strategy 2015" a payment or a full payment
on dividend-carrying securities (shares and participation capital) in
2012 for the 2011 business year is unlikely from today´s viewpoint.

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: Regulated unofficial
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