EANS-Adhoc: immigon portfolioabbau ag / Immigon agrees to sell VB Leasing Finanzierungsgesellschaft m.b.H. to BAWAG PSK Leasing (12 August 2015)

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Mergers - Acquisitions - Takeovers/Company Information 12.08.2015

Adhoc release in accordance with Austrian Stock Exchange Act / immigon portfolio ag Immigon agrees to sell VB Leasing Finanzierungsgesellschaft m.b.H. to BAWAG PSK Leasing (12 August 2015)

immigon portfolioabbau ag agreed to sell its 100% stake in VB Leasing Finanzierungsgesellschaft m.b.H., which it held via its subsidiary Unternehmensbeteiligungs Gesellschaft mit beschränkter Haftung, to BAWAG PSK Leasing GmbH. The relevant sale and purchase agreement was executed on 12 August 2015. The closing is anticipated for 4Q2015, subject to customary conditions, including regulatory approvals. VB Leasing Finanzierungsgesellschaft m.b.H.-Group held net customer receivables of EUR 653 million as at 30 June 2015. The Purchaser will replace 100% of the refinancing of VB Leasing Finanzierungsgesellschaft m.b.H.-Group of approx. EUR 650 million at closing. The deal economics were not disclosed. The sale of the stake in VB Leasing Finanzierungsgesellschaft m.b.H. is part of immigon's wind down plan.

Mandatory information pursuant to the disclosure and notification regulation (Veröffentlichungs- und Meldeverordnung - VMV)

The following issues of participation capital (Partizipationskapital) of immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) are admitted to trading on a regulated market in a Member State of the European Economic Area:

ISIN: AT0000755665 Österreichische Volksbanken-AG Participation Certificates XS0359924643 EUR 500,000,000 Perpetual Non Cumulative Participation Capital Certificates (issued by Banque de Luxembourg as trustee)

The five bonds issued by immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) with the highest nominal volume: ISIN: AT000B056544 AT000B053442 XS0275528627 AT000B060462 AT000B115902

Securities issued by immigon portfolioabbau ag (formerly Österreichische Volksbanken-Aktiengesellschaft) are admitted to trading on the following stock exchanges:

Geregelter Freiverkehr of the Vienna Stock Exchange (Wiener Börse AG) Amtlicher Handel of the Vienna Stock Exchange (Wiener Börse AG) Regulated Market of Luxembourg Stock Exchange Open market (Freiverkehr) of Berlin Stock Exchange Open market (Freiverkehr) of Stuttgart Stock Exchange Open Market (Freiverkehr) of Frankfurt Stock Exchange

Press contact: Thomas Heimhofer immigon portfolioabbau ag mobile: +43 (0)676 790 7890 email: thomas.heimhofer@outlook.com

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   August 12, 2015 13:53 ET (17:53 GMT)- - 01 53 PM EDT 08-12-15