Erste Group Bank To Implement Share Buyback Programme In Amount Of Up To EUR 500 Million

Reuters06-05

ERSTE GROUP BANK AG :Received Decision Of European Central Bank (Ecb) Pursuant To Which Ecb Approved Buybacks Of Own Shares In A Total Consideration Of Up To Eur 500 Million (Excluding Transaction Related Costs) For Purpose Of Cancelling Such Shares.To Implement A Share Buyback Programme In Amount Of Up To Eur 500 Million (Excluding Transaction Related Costs) In Upcoming Months.It Is Planned To Cancel Respective Own Shares After Termination Of This Share Buyback Programme.

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