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OIAG PRESS RELEASE
Goldman Sachs: Austrian Post an attractive investment opportunity
After an intensive two-month analysis by the renowned international investment bank of Goldman Sachs, the Austrian Post has received an excellent bill of health. The overall picture of the company and its management which Goldman obtained during the course of this project was exceptionally positive, matching the profile of a wide spectrum of investors. As far as the capital market was concerned, not a single fact came to light during the entire analysis that would contra-indicate launching the Austrian Post Office on the stock exchange.
“This analysis by Goldman Sachs proves what the Post Office has achieved, and how very attractive the company is to potential investors. At the same time, this also confirms our strategy of enhancing the long–term independence and profitability of the Post Office by means of an IPO," explains Peter Michaelis, member of the OIAG Managing Board.
The Supervisory Board of OIAG will determine the next steps on 9 September 2005.
Vienna, 31 August 2005
Further Information:
OIAG Corporate Communications
Anita Bauer
Mob.: +43 664 13 40 333
anita.bauer@oiag.at
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