Investor information 2019

18.11.2019 - Erste Group Bank AG intends to repurchase EUR 500,000,000 7.125 per cent Fixed Rate Subordinated Notes due 2022 (ISIN: XS0840062979)

Erste Group Bank AG ("Erste Group") will publish today an invitation to holders (the "Holders") of its
EUR 500,000,000 7.125 per cent Fixed Rate Subordinated Notes due 2022 (ISIN: XS0840062979) (the
"Notes") to tender any and all of their Notes for purchase by Erste Group for cash, at 120.441 per cent,
with a settlement date on or around 27 November 2019 (the "Tender Offer").
The Tender Offer is made exclusively on the basis of a tender offer memorandum dated 18 November
2019 (the "Tender Offer Memorandum"), copies of which are available to Holders on their request from
the Tender Agent. The Tender Offer will begin on 18 November 2019 and will expire at 5:00 p.m. (CET)
on 25 November 2019, unless amended, extended, re-opened and/or terminated as provided in the
Tender Offer Memorandum. Instructions to participate in the Tender Offer are to be submitted in
accordance with the provisions of the Tender Offer Memorandum to Lucid Issuer Services Limited as the
tender agent (the "Tender Agent"). Any Notes tendered by the Holders can be rejected at the sole
discretion of Erste Group.
Furthermore, Erste Group intends, depending on market conditions, to issue a new series of euro
denominated Tier 2 subordinated fixed rate reset notes under its EUR 30,000,000,000 Debt Issuance
Programme dated 10 May 2019.

Disclaimer:
Neither the Tender Offer Memorandum nor this announcement constitutes an offer to buy or a
solicitation of an offer to sell any notes or any other securities issued by Erste Group in or from any
jurisdiction in which the submission of such an offer or such an invitation to submit an offer or in which
the submission of an offer by or to certain persons is prohibited. Holders of Notes who are outside of the
Republic of Austria and who come into possession of this communication and/or the Tender Offer
Memorandum and/or who wish to make an offer to sell the Notes from outside the Republic of Austria
are required to inform themselves about the relevant legal provisions in connection therewith and to
comply with these provisions. Neither Erste Group nor the Tender Agent nor any of the Joint Dealer
Managers assumes any liability whatsoever in connection with the submission of an offer to sell notes
from outside the Republic of Austria.
This announcement is mandatory pursuant to Art 17 of the Market Abuse Regulation. It does not
constitute financial analysis or advice relating to financial securities. This announcement is neither a
recommendation nor an offer, invitation or solicitation to purchase or sell any securities of Erste Group.

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION,
DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, FRANCE, ITALY, THE UNITED KINGDOM
OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT OR TO ANY
U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, FRANCE, ITALY, THE
UNITED KINGDOM OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS
DOCUMENT

Erste Group, Am Belvedere 1, 1100 Vienna, Austria, Registration No. 33209mRegistration No. 3209m
Erste Group shares (ISIN AT0000652011) are traded in Vienna, Prague Bucharest.
The issues of Erste Group Bank AG are admitted to trading on the following regulated markets: Vienna, Luxembourg, Budapest, Bucharest,
Stuttgart. The five biggest listed issues of Erste Group Bank AG in terms of issue volume have the following ISINs: AT0000A17ZV2,
XS0743547183, XS1750974658, XS0580561545, XS1346557637, XS1550203183.