Ratings

RATINGS	2011
	Fitch	Standard & Poor´s
Long-term Issuer Rating	A+	A
Outlook	stable	stable
Short-term Rating	F1+	A-1
Subordinated	B*
*RWN

Due to the demerger of Kommunalkredit Austria AG as of 28 November 2009, you will find some rating reports available to date under the company name of Kommunalkredit.

Fitch Rating, November 2012

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Fitch Rating, September 2012

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Standard & Poor's Report, KA Finanz AG, June 2012

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Standard & Poor´s - Austria-Based KA Finanz Ratings Affirmed At 'A/A-1' On Recapitalization; Outlook Stable, 03.05.2012

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Standard & Poor´s - Austria-Based KA Finanz 'A/A-1' Ratings Affirmed, Outlook Stable, 25.1.2012

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Fitch Ratings - Update - KA Finanz AG, 23.12.2011

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Standard & Poor´s - Following Sovereign Rating Action KA Finanz 'A/A-1'-Ratings Placed On Watch Negative, 08.12.2011

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Fitch affirms KA FINANZ AG at 'A+'; outlook stable, October 2011

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Fitch maintains KA Finanz AG's Lower Tier 2 Debt on RWN, September 2011

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Fitch maintains KA Finanz AG's sub debt on RWN, June 2011

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Standard & Poor´s Report, KA Finanz AG, March 2011

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Fitch Ratings - Austria Update - KA Finanz AG, January 2011

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Fitch Ratings - Press Release, 23.12.2010

Fitch Affirms KA Finanz at 'A+'; Outlook Stable

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FITCH WITHDRAWS KOMMUNALKREDIT INTERNATIONAL BANK'S RATINGS; AFFIRMS KA FINANZ AG

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Kommunalkredit Capital I Limited

Kommunalkredit Capital Limited unaudited half yearly accounts 2010

Kommunalkredit Capital I Limited 661,1 kB (.PDF)

Standard & Poor's, Research Update, March 2010

Austrian Bank KA Finanz AG Rated 'A/A-1' On Very High Likelihood Of Government Support; Outlook Stable

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Moodys Investors Service - Rating Action
Moody's withdraws KA Finanz's bank ratings and affirms debt-guaranteed ratings, June 2010

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Fitch Ratings - KA Finanz AG, January 2010

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Moodys Investors Service - Rating Action, December 2009

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Fitch: Press Release, November 2009

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Moody's Rating Action: Kommunalkredit, October 2009

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Fitch Rating - Rating Information, 25. September 2009

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Fitch: Press Release, September 2009

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Moody's Issuer Comment, June 2009

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Moodys Investors Service - Rating Action, February 2009

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