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Dr Christian Konrad, President of the UNIQA Supervisory Board, announces the following on behalf of Raiffeisen Group Austria and Austria Versicherungsverein auf Gegenseitigkeit, UNIQA’s two core shareholders.

Raiffeisen Group Austria and Austria Versicherungsverein auf Gegenseitigkeit are currently concluding an agreement to acquire total shares of AXA Konzern Österreich (AXA Group Austria) from their German owners.

It is foreseen to transfer AXA Konzern Österreich (AXAGroup Austria) with its subsidiary companies in Hungary and Liechtenstein to UNIQA GroupAustria in the course of the year 2003. The partners of the agreement have – for their mutualbenefit – decided to evaluate and elaborate models of cooperation between UNIQAGroup’s Central European and AXA Group’s worldwide activities.The purchase price will be paid in cash and not by share deal. All parties haveagreed not to communicate any details of the planned transaction which is still subjectto approval by regulators and relevant antitrust authorities.

18. December 2002


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