Ad-hoc Release Raiffeisen Bank International considering capital strengthening

Vienna, 08 January 2014. Raiffeisen Bank International AG (RBI) is currently reviewing options to comprehensively strengthen its capital base and to redeem the outstanding EUR 2.5 billion participation capital in full or in part in the near future.

The strengthening of the capital base is intended to prepare RBI for the implementation of Basel III rules and is expected to include a capital increase of EUR 2.0 billion to EUR 2.25 billion. The timing and size of any transaction will remain subject to Management and Supervisory Board approval, as well as to market conditions. The transaction may be implemented in the next six months. It is expected that a potential transaction would significantly increase RBI's free float.

In addition RBI intends to complement the strengthening of its capital structure through the potential issuance of subordinated capital instruments over the next twelve months.

Over the last few weeks, RBI carefully reviewed the offers it received for its Hungarian subsidiary, Raiffeisen Bank Zrt. After comprehensively reviewing the last offer, RBI decided, at present, not to pursue the sale of the Hungarian subsidiary under the current conditions.

For further information please contact:

Susanne E. Langer Raiffeisen Bank International AG Head of Group Investor Relations Am Stadtpark 9 ir@rbinternational.com 1030 Vienna, Austria phone +43-1-71707-2089 www.rbinternational.com

This document does not constitute an offer of securities, nor a solicitation for an offer of securities nor marketing or sales activity for such securities in countries where such an offer or solicitation for an offer is subject to legal restrictions. This document must not be used for such an offer or such marketing activities. If a public offer is made, a prospectus will be published in accordance with the Austrian Capital Market Act ("Kapitalmarktgesetz").
The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of
1933, as amended, (the "Securities Act") and may not be offered or sold in the United States, except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of securities in the United States.
This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons 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 (the "Order") and (iii) high net worth entities, and other persons to
whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

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