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GB00_erste lage_E - Erste Group

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It is our conviction that the Financial Statements give a true and fair view of the net assets and<br />

financial position of the <strong>Group</strong> as of 31 December 2000 and 31 December 1999, and of the results<br />

of its operations and its cash flows for the financial years then ended in accordance with<br />

International Accounting Standards (IAS).<br />

Under Austrian commercial law, an audit of the <strong>Group</strong> Management Report has to be conducted<br />

and it has to be certified whether the legal requirements for the exemption from the preparation<br />

of consolidated accounts according to Austrian law (Section 59a Austrian Banking Act) are met.<br />

We confirm that the Management Report is consistent with the Consolidated Financial Statements<br />

and we further certify that the legal requirements for exemption from the preparation of consolidated<br />

accounts according to Austrian law are met.<br />

Vienna, 27 March 2001<br />

Sparkassen-Prüfungsverband<br />

Auditing Agency<br />

Wolfgang Riedl mp Klaus Goschler mp<br />

Public Accountant Audit Director<br />

EIDOS Wirtschaftsberatung GmbH<br />

Public Accountants and Tax Advisors<br />

Erich Kandler mp Claudia Fritscher-Notthaft mp<br />

Public Accountant Public Accountant<br />

<strong>Erste</strong> Bank 2000 129

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