Oesterreichische Kontrollbank AG -

more than an Export Credit Agency Karin Roitner

Belgrad, 22.3.2011

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Three reasons to do business with Austria

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Insurance / guarantees and financing under one roof (almost unique in continental Europe)

Total guarantees outstanding: approx. EUR 40.7 bn (12/2009)

Total financing volume: approx. EUR 31.4 bn (12/2009)

AAA – funding conditions

Timeless OeKB architecture

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insurance p l u s indirect financing (it is via banks) of short a n d medium/long term export credits supply contracts a n d Austrian foreign direct

investments material production a n d services (except nuclear

and defence) pre-shipment a n d credit period purely Austrian projects a n d multi-sourcing deals sovereign and sub-sovereign buyers/guarantors,

transactions backed by banks, corporate risk business, project financing

bonds and counter guarantees ...

Wide range of instruments

26%

49%

14%

6%

2%2%1%

Asia EUR 4,7 bnCEE Countries EUR 9,0 bnturnover guarantees EUR 2,5 bnTurkey EUR 1,2 bn

Export and investment insurance portfolio by regions - 2009

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Export insurance portfolio by industrial sectors - 2009

28%

25%11%

8%

4%

4%2%2%

1%8%

7% metal and metallurgy

energy and electrical industry

traffic, transport, vehicles

water and environment

construction industry

pulp and paper industry

chemical and plastic industry

telecommunication

agriculture and food

other goods and services

other machinery

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OECD – Country risk classification (March 2011) (regularly updated at http://www.oekb.at)

CATEGORY

RISK

1 2 3 4 5 6 70

ChileChinaPolandSaudi Arabia

Algeria Brazil India

MexicoMoroccoRussiaSouth Africa

ThailandTunisia

AzerbaijanCroatiaJordan

KazakhstanLibya

MacedoniaNigeriaVietnam

ArgentinaBelarusBosnia-

HerzegovinaIraq

KosovoKyrgyzstan MoldovaPakistan

TajikistanUkraine

Venezuela

Albania Angola

Armenia Georgia

IranMontenegro

SerbiaSyria

Turkmenistan

Uzbekistan

BulgariaColumbia

EgyptIndonesiaPhilippinesRomania Turkey

UruguayHongkon

gTaiwan

GermanyHungary

Korea Rep.

SloveniaUSA

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Serbia and OeKB OeKB among largest Berner Union lenders FDIs biggest portion of current portfolio project underwriting main focus: telecom,

infrastructure quite open country policy (long term tenors

possible) for larger projects: multisourcing is a must rather good payment experience

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Case study rehabilitation of HEPP Bajina Basta (installed capacity 340MW) supply of electro-mechanical equipment by Andritz Hydro

to Elektroprivreda Srbije (EPS) contract value app. EUR 66 m / milestone payments sources of fund: KfW (untied loan) and own funds of buyer OeKB cover: EUR 16 m on a revolving basis

combination of instruments / souces of funds

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Karin RoitnerTel. 01 531 27 2612Fax 01 531 27 4612 karin.roitner@oekb.at

Contact – www.oekb.at