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13.07.2005

BA-CA disposes its stake in Investkredit to RZB

The Bank Austria Creditanstalt Group (BA-CA Group) sells its 28.23% participation in Investkredit Bank AG to Raiffeisenzentral Bank (RZB). An appropriate contract was signed today. The amount of this transaction is approximately €250m. The sale is still subject to the approval by the banking supervision (Finanzmarktaufsicht, FMA).