Österreichische Volksbanken-Aktiengesellschaft ... - Volksbank AG

tria. The fine amounted to EUR 7.59 million. In December 2006, the Court of First Instance of
the European Communities rejected VBAG's action for annulment against the European Commission’s
decision. VBAG appealed against this judgement in March 2007. The proceedings
before the European Court of Justice are still pending and the result cannot be predicted with
certainty. VBAG is of the opinion that the imposed fine will not negatively influence its financial
position or its profitability, since the fine has already been paid.
In addition to the proceedings described above, VBAG is involved in various proceedings relating
to its business activity on a regular basis, which it does not believe will have a material impact
on its economic position.
Save as disclosed herein, neither VBAG nor any of its subsidiaries are or have been involved in
any legal or arbitration proceedings which may have or have had during the twelve months prior
to the date hereof, a significant effect on the financial position or the profitability of VBAG or
its subsidiaries. Furthermore, VBAG is not aware of any such proceedings pending or threatening.
Material contracts
VBAG is not party to any material contracts that are entered into in its course of business and
which could result in any member of the Group being under an obligation or entitlement that is
material to VBAG’s ability to meet its obligations to Noteholders in respect of the Notes being
issued.
Documents on display
The documents on display are listed under "General Information".
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