New EGGER bond already placed after only a few days on the market
Small denomination and attractive interest rates lead to strong demand among domestic private investors; EUR 200 million volume considerably oversubscribed

The latest corporate bond from the EGGER Group was successfully placed with a volume of EUR 200 million after only a few days on the market. Demand for the bond was particularly strong among private investors, who accounted for 74 per cent of the orders. Nine out of ten investors were from Austria. The remaining orders were placed by institutional investors. The considerable oversubscription of the issue, which is the second bond to be placed by a domestic issuer in 2011, was most likely a result of its small denomination and attractive coupon of 5.625 per cent for a term of seven years.

According to Helmut Bernkopf, the member of Bank Austria’s Management Board responsible for Corporate & Investment Banking, “With the success achieved by EGGER, it seems that Austrian corporate bonds are off to another strong start in 2011. I am proud that we were able to offer our expertise for this issue in our role as joint lead manager. In light of the historically low interest rates, there is potential on the market for additional companies to issue bonds.”

EGGER, an Austrian family-run company that was established in 1961, has risen to become one of the leading European manufacturers of wood-based materials. Today, the company manufactures an extensive range of products made from wood-based materials at 16 locations throughout Europe. EGGER’s core market is Europe. The growth markets in which EGGER is especially active include Eastern Europe, Turkey and Russia.

Enquiries: Bank Austria Press Office Austria
 Julia Wegenstein, tel. +43 (0) 50505 - 52854
 E-mail: julia.wegenstein@unicreditgroup.at

Details on the bond issue:

Nominal value: EUR 200,000
Denomination: EUR 500
Coupon: 5.625% p.a.
Term:  7 years, only redeemable upon maturity
Issue price: 100.818%
Subscription period: 25.02 to 02.03.2011
Value date: 07.03.2011
Redemption:  On 07.03.2018 at 100%
Listing: Vienna Stock Exchange, regulated open market
Applicable law:  Austrian law

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