The subscription period for shares in the Initial Public Offering ofRaiffeisen International Bank-Holding AG (Raiffeisen International) willalso be shortened for Institutional Investors. The offer period will endon April 21, 2005 at 8.00 a.m. (CET) instead of the previously announceddate of April 22, 2005. Last week Raiffeisen International alsoshortened the offer period for Austrian retail investors from April 21,2005 to April 15, 2005. The price fixing of the issue is scheduled forthe evening of April 21, 2005.
On April 4, 2005 Raiffeisen International announced the Initial PublicOffering of up to 29.8 million ordinary bearer shares with no par value.In addition, there is an option to cover for over-allotments(green-shoe) of 15 per cent (4.47 million shares), which can beexercised by the lead managers of the offering within 30 days of thedate of the Underwriting Agreement.