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OIAG PRESS RELEASE
Press Release on OIAG Supervisory Board Meeting
The items on the agenda for today’s meeting of the Supervisory Board included the privatisation of Österreichische Post AG. Discussion focused mainly on the report produced by the international investment bank Goldman Sachs, the gist of which was published last week. According to this report, the Austrian Post Office is now ready to be floated on the stock exchange following the successful restructuring of the company, and will make an extremely attractive investment. The Supervisory Board approved this report.
The Supervisory Board also discussed the OIAG exchangeable notes for Telekom Austria, authorizing the Executive Board to provide shares in Telekom Austria AG should investors wish to exercise their rights before the due date.
Vienna, 9 September 2005
Further Information:
OIAG Corporate Communications
Anita Bauer
Mob.: +43 664 13 40 333
anita.bauer@oiag.at
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