UNIQA acquires EBRD’s interests in subsidiaries in CEE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

Agreement concluded for the acquisition of EBRD's interests in subsidiaries in Croatia, Poland and Hungary
Closing expected in the coming weeks

On 20 June 2012, UNIQA concluded an agreement with the European Bank for Reconstruction and Development (EBRD) for the acquisition of EBRD's minority interests in UNIQA subsidiaries in Central and Eastern Europe. EBRD currently holds interests of 20% in UNIQA Croatia, 15% in UNIQA Hungary, and 30.2% respectively 31.5 % in the two UNIQA companies in Poland. The transaction is expected to be closed in the coming weeks. The parties have agreed to maintain confidentiality with regard to the purchase price.

This transaction is part of UNIQA´s growth strategy. The company is aiming to double its customer base, from 7.5 million customers in 2010 to 15 million by 2020, and to increase its earnings by up to €400 million in the period from 2010 to 2015. In order to achieve these targets, UNIQA is focusing on its core business in its core markets in Austria and CEE. Accordingly, UNIQA sold off its interest in the Mannheimer Group in Germany in April 2012 (the agreement has been signed, closing is still outstanding) and is - as announced in march 2012 - instead taking over the EBRD interests in CEE.

Legal notice

This announcement contains statements which refer to the future development of the UNIQA Group. These statements are appraisals that are made based on all information available to us at the current point in time. Should the assumptions underlying this information not occur, actual results could vary from the results currently expected. For this reason, we cannot accept liability for these statements.

This information serves marketing purposes in Austria and neither contains an offer of shares for sale or a solicitation of an offer to purchase any shares in UNIQA Versicherungen AG. A public offer of shares in UNIQA Versicherungen AG may only be made in Austria after publication of a prospectus prepared in accordance with the provisions of the Austrian Capital Markets Act. Any orders relating to shares in UNIQA Versicherungen AG received prior to the commencement of a public offer will be rejected. If a public offer is to be made in Austria, a prospectus will be prepared in accordance with the Austrian Capital Markets Act. Such prospectus will be available at www.uniqagroup.com/kapitalerhoehung and free of charge at the registered offices of UNIQA Versicherungen AG, Raiffeisen Centrobank AG, 1010 Vienna, Tegetthoffstraße 1 and Deutsche Bank AG, 1010 Vienna, Fleischmarkt 1 during usual business hours.

These materials are not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia). These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States of America. The shares of UNIQA Versicherungen AG (the "Shares") may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the "Securities Act"). The Shares have not been, and will not be, registered under the Securities Act and will not be offered or sold in the United States, except on the basis of applicable exemptions from the registration requirement. There will be no public offering in the United States or anywhere outside of Austria.

This communication is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Vienna, 20. June 2012

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