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Vienna - (Vienna, 24 February 2021) - Today, rating agency S&P Global Ratings
(S&P) assigned an investment grade long-term issuer credit rating of BBB- to
Kommunalkredit Austria AG (Kommunalkredit). The assigned short-term rating is A-
3. All ratings have a stable outlook.

For more information, please see our press release [https://
www.kommunalkredit.at/fileadmin/user_upload/
20210224_KA_PressRelease_S_P_assigns_investment_grade_rating_to_Kommunalkredit.pdf].



Further inquiry note:
Kommunalkredit Austria AG

Corporate Communications
Phone: +43 1 31631 153 or +43 1 31631 593
mailto:communication@kommunalkredit.at; www.kommunalkredit.at

Christian Teichmann
Head of Rating
Phone: +43 1 31631 434 or +43 664 8031631 434
mailto:c.teichmann@kommunalkredit.at; www.kommunalkredit.at

end of announcement                         euro adhoc
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issuer:       Kommunalkredit Austria AG
              Türkenstraße  9
              A-1090 Wien
phone:        +43 1 31631
FAX:          +43 1 31631 105
mail:          communication@kommunalkredit.at
WWW:       www.kommunalkredit.at
ISIN:         -
indexes:
stockmarkets: Wien, Luxembourg Stock Exchange, SIX Swiss Exchange
language:     English