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Base Prospectus dated 12 November 2010

Base Prospectus dated 12 November 2010 to the UniCredit Bank Austria AG € Euro Medium Term Note Programme

The information in this Prospectus may not be accessed from the United States. Accessing this information from other jurisdictions may be restricted by law, and persons intending to access this release should inform themselves about, and observe, any such restrictions.
The information appearing in this prospectus is not an offer of securities for sale in the United States or in any other jurisdiction and should not be relied upon in connection with any decision to purchase or subscribe for the securities referred to in the Prospectus. The securities have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), and may not be offered or sold in the United States absent registration under the US Securities Act or an applicable exemption from such registration. There will be no public offering of the securities discussed herein in the United States.

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