Dividend Payout Approved by VUB General Meeting

Bratislava, April 4, 2007 – Today, VUB Ordinary General Meeting (GM) made a decision to pay out a dividend of SKK 217 per each share with a nominal value of SKK 1,000. The decisive day for determination of persons eligible to the dividends was set by the General Meeting for May 4, 2007. The eligible shareholders will be able to exercise their right to dividend payout from June 4, 2007.

The GM approved the 2006 VUB Annual Report, Financial Statements under International Financial Reporting Standards, and Consolidated Financial Statements under International Financial Reporting Standards for the previous year as presented by the Management Board of the Bank.

It also decided on the 2006 profit distribution totalling SKK 3,758,522,000 as follows:

For more information from the General Meeting go to the Internet page www.vub.sk in section Investor Relations.

VUB is a member of the international banking group Intesa Sanpaolo that operates in more than 40 countries worldwide. The Bank runs 207 retail branches, 35 corporate branches, and 11 mortgage centres across Slovakia. In 2006, VUB was awarded two prestigious international prizes – "Best Bank in Slovakia" by The Banker magazine and "Bank of the Year 2006 in Slovakia" by Global Finance Magazine.

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