Offeree companyÖsterreichische Postsparkasse Aktiengesellschaft (FN 158.442 d)
ISINAT 000075340 5
OfferorÖsterreichische Postsparkasse Aktiengesellschaft
Acceptance period17 May to 16 Jun 2000, 15. hrs. Vienna local time
Offer priceEUR 190 (ATS 2,614.46) per participation certificate with a nominal value of ATS 500 (i.e. EUR 36.34) each
Offer volumeall participation certificates, total nominal value ATS 134,000,000/EUR 9,738,159.78
Premium+21.02% (trading day before announcement of intention), +17.13% (6 M)
Paying agentÖsterreichische Postsparkasse Aktiengesellschaft
Share held by bidder prior to announcement of offerATS 4,370,500 (8,741 shares); parties acting in concert: ATS 6,000,000 (12,000 shares)
Withdrawal pursuant to § 102 a Banking Act:

The company points out that after expiry of the acceptance period for this offer, the resolution reached at the general shareholders’ meeting of 16 May 2000 on the redemption of the participation capital pursuant to § 102 a Banking Act will be announced by the management board in the Official Gazette of ‘Wiener Zeitung’.With this announcement, all still existing participation certificates will be redeemed.The holders of the participation certificates are entitled to a cash settlement at the average market price of the participation certificates on the preceding 20 trading days with quotations before the resolution on the withdrawal was adopted at the general shareholders’ meeting of 16 May 2000 - rounded up to EUR 0.1.