Additional Tier 1 Notes Programme 20.04.2016

Disclaimer

"This presentation handout serves marketing purposes within the meaning of the Austrian Capital Markets Act ("CMA") in Austria and constitutes neither an offer to sell, nor a solicitation to buy any securities, nor investment advice nor financial analysis. Any public offer of securities of Erste Group Bank AG (the "Issuer") may be made solely by means and on the basis of a prospectus prepared and published in accordance with the provisions of the CMA and approved by the Austrian Financial Markets Authority ("FMA"). If a public offer is undertaken in Austria, the prospectus approved by the FMA will be published copies of which will be available free of charge at the business address of the Issuer, Am Belvedere 1, A-1100 Vienna, during regular business hours and on the website the Issuer www.erstegroup.com. 

This presentation handout contains forward-looking statements and information. Such statements are based on the Issuer's current expectations and certain presumptions and are therefore subject to certain risks and uncertainties. A variety of factors, many of which are beyond the Issuer's control, affect its operations, performance, business strategy and results and could cause the actual results, performance or achievements of the Issuer to be materially different. Should one or more of these risks or uncertainties materialise or should underlying assumptions prove incorrect, actual results may vary materially, either positively or negatively, from those described in the relevant forward-looking statement as expected, anticipated, intended planned, believed, projected or estimated. The Issuer does not intend or assume any obligation to update or revise these forward-looking statements in light of developments which differ from those anticipated.

All statements and information contained in this presentation handout are not binding. Print and punctuation errors are reserved.

This presentation handout is not for distribution in or into the United States of America and must not be distributed to U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended ("Securities Act") or publications with a general circulation in the United States. This presentation handout does not constitute an offer or invitation to purchase any securities in the United States. The securities of the Issuer have not been registered under the Securities Act and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States securities laws. There will be no public offer of securities of the Issuer in the United States.

This presentation handout is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this presentation handout relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

This presentation handout is not intended for publication in the United States of America, Canada, Australia or Japan."