RZB Finance Jersey IV Limited

EANS-Adhoc: RZB Finance Jersey IV Ltd.
Exchange Offer to holders of the EUR 500,000,000 Non-cumulative Subordinated Perpetual Callable Step-up Fixed to Floating Rate Capital Notes

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Exchange Offer

18.06.2009

Exchange Offer to holders of the EUR 500,000,000 Non-cumulative Subordinated Perpetual Callable Step-up Fixed to Floating Rate Capital Notes (the "Existing Notes") (ISIN/Common Code XS0253262025/025326202)

RZB Finance (Jersey) IV Limited has today invited all holders of the Existing Notes to exchange any and all of their Existing Notes for new Non-cumulative Subordinated Perpetual Callable Fixed to Floating Rate Capital Notes (the "New Notes") to be issued by RZB Finance (Jersey) IV Limited with the benefit of a support agreement from Raiffeisen Zentralbank Österreich AG equivalent to the support agreement for the Existing Notes.

The Exchange Offer will expire at 5.00 p.m. (CET) on Friday, 26 June 2009. The Pricing Time will be on the Business Day following the Expiration Deadline. Announcement of the results of the Exchange Offer Results will be made as soon as reasonably practicable thereafter. Settlement is expected to be on Wednesday, 1 July 2009.

The Exchange Offer is made on the terms and subject to the conditions set out in the Exchange Offer Memorandum dated 18 June 2009. The Exchange Offer is not being made in the United States or Italy, or to any U.S. person or to any person located or resident in Italy and is also restricted in other jurisdictions (including the United Kingdom, Belgium, France and Jersey), as more fully described in the Exchange Offer Memorandum.

In connection with the Exchange Offer, BNP Paribas and UBS Limited have been appointed as Dealer Managers and Lucid Issuer Services Limited as Exchange Agent.

Jersey, 18 June 2009

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

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.

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ots Originaltext: RZB Finance Jersey IV Limited
Im Internet recherchierbar: http://www.presseportal.ch

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