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euro adhoc: Vienna Insurance Group
Mergers - Acquisitions - Takeovers
Vienna Insurance Group and ERGO Versicherungsgruppe: Wiener Städtische sells shares in Bank Austria Creditanstalt Versicherung AG

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
28.03.2008
Please note: this is a translation; only the German version of this 
release is legally binding
As already announced a year ago, ERGO Versicherungsgruppe and Wiener 
Städtische Versicherung AG Vienna Insurance Group have agreed to 
allow a shift in the majority stakes in favor of ERGO 
Versicherungsgruppe.
Wiener Städtische Versicherung AG Vienna Insurance Group now 
exercises its option to sell its shares in Bank Austria Creditanstalt
Versicherung. This will result in a reduction of its stake to 10 
percent plus one share, while the stake of ERGO Versicherungsgruppe 
in Bank Austria Creditanstalt Versicherung will increase to 
approximately 80 percent.
The transaction is subject to the necessary approvals by the 
authorities.
end of announcement                               euro adhoc

Further inquiry note:

WIENER STÄDTISCHE Versicherung AG
Vienna Insurance Group
Barbara Hagen-Grötschnig, MBA
Corporate Communications
Schottenring 30, 1010 Vienna
Tel.: +43 (0)50 350-21027
Fax: +43 (0)50 350 99-21027
E-Mail: b.hagen@staedtische.co.at

Branche: Insurance
ISIN: AT0000908504
WKN: A0ET17
Index: WBI, ATX Prime, ATX
Börsen: Prague Stock Exchange / stock market
Wiener Börse AG / official market

Plus de actualités: Vienna Insurance Group
Plus de actualités: Vienna Insurance Group