Concluding Remarks of the Management Board

The Management Board of Bank Austria Creditanstalt AG has prepared the consolidated financial statements for the financial year beginning on 1 January 2006 and ending on 31 December 2006, in accordance with International Financial Reporting Standards (IFRSs) published by the International Accounting Standards Board as adopted by the European Union. The management report of the Group was prepared in accordance with the Austrian Commercial Code and is consistent with the consolidated financial statements.

The consolidated financial statements and the management report of the Group contain all required disclosures; in particular, events of special significance which occurred after the end of the financial year and other major circumstances that are significant for the future development of the Group have been appropriately explained.

Vienna, 5 March 2007

The Management Board

Erich Hampel
(Chairman)

Willibald Cernko     Thomas Gross Wilhelm     Hemetsberger

Werner Kretschmer     Andrea Moneta     Regina Prehofer

Johann Strobl     Robert Zadrazil

On 5 March 2007, the Management Board passed on the consolidated financial statements to the Supervisory Board. The responsibility of the Supervisory Board is to examine the consolidated financial statements and to state if it approves the consolidated financial statements.