The shareholders of STRABAG SE have concluded an agreement with RASPERIA Trading Limited, whose controlling owner Mr Oleg Deripaska is also the controlling owner of the Russian "Basic Element" conglomerate, establishing that RASPERIA Trading Limited will acquire a 30% interest in STRABAG SE’s share capital.

To that end the capital stock of STRABAG SE in the nominal value of 70 mill. € is to be raised by 25 mill. € to a nominal value of 95 mill. €. Existing shareholders of STRABAG SE will sell a limited number of their shares to RASPERIA Trading Limited.

STRABAG SE will accrue 1.05 billion euros from this capital stock increase.

The participating interest of UNIQA in STRABAG SE will thus decrease to approximately 18 %. The capital increase of STRABAG SE means for UNIQA that a potential additional profit of approximately 140 mill. € in the books is possible for the Group results of 2007, based on the International Financial Reporting Standards (IFRS).

The transaction is subject to authorisation by the competent antitrust authorities.