Raiffeisen press release:
Vienna, 08 January 2014. Raiffeisen Bank International AG (RBI) is currently reviewing options to comprehensively strengthen its capital base and to redeem the outstanding EUR 2.5 billion participation capital in full or in part in the near future.

The strengthening of the capital base is intended to prepare RBI for the implementation of Basel III rules and is expected to include a capital increase of EUR 2.0 billion to EUR 2.25 billion.

The timing and size of any transaction will remain subject to Management and Supervisory Board approval, as well as to market conditions.

The transaction may be implemented in the next six
months. It is expected that a potential transaction would significantly increase RBI’s free float.

In addition RBI intends to complement the strengthening of its capital structure through the potential issuance of subordinated capital instruments over the next twelve months.

Over the last few weeks, RBI carefully reviewed the offers it received for its Hungarian subsidiary, Raiffeisen Bank Zrt. After comprehensively reviewing the last offer, RBI decided, at present, not to pursue the sale of the Hungarian subsidiary under the current conditions.