The participation capital with a nominal value of 1,626,400 ATS will be called in through a repurchase of participation certificates.

The repurchase price was based on the average stock exchange rate during twenty working days prior to the above mentioned decision and amounted to 56.60 € per participation certificate with a nominal value of 100 ATS.

The prospective date of the payout will be Wednesday, July 5, 2000. Raiffeisen Zentralbank Österreich Aktiengesellschaft has been entrusted with the operation as paying and presenting agent for the banks administrating the respective custody accounts. On the same day, the decision of the shareholders’ meeting will be published in the Official Supplement of the “Wiener Zeitung”. Once the recall of the participation certificates has been concluded, UNIQA Versicherungen AG will be quoted on the Vienna Stock Exchange only in the category of “ordinary shares”, which is the standard and internationally recognised category of securities.