Vienna Insurance Group - successfully places Subordinated Tier 2 Notes

THIS ANNOUNCEMENT MAY NOT BE DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR TO OR FOR THE BENEFIT OF U.S. PERSONS OR INTO ANY OTHER JURISDICTION WHERE IT WOULD BE UNLAWFUL TO DO SO.

Vienna Insurance Group AG Wiener Versicherung Gruppe ("VIG") today successfully placed Subordinated Fixed to Floating Rate Tier 2 Notes with scheduled maturity in 2042 in an aggregate principal amount of EUR 500 million (the "Notes") with institutional investors in Austria and abroad. The Notes were issued under VIG's Tier 2 Notes Issuance Programme.

Full press release