EANS-Adhoc: OMV Aktiengesellschaft / OMV and Dogan Holding are in detailed negotiations regarding an acquisition of Dogan Holding´s stake in Petrol Ofisi by OMV

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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20.10.2010

Update to an already disclosed ad hoc announcement

OMV, the leading energy company in the European growth belt, herewith announces
that it is in detailed negotiations with Turkish company Dogan Holding regarding
a potential acquisition of Dogan Holding´s stake in Petrol Ofisi by OMV. Petrol
Ofisi is Turkey's leading refined oil products marketing company, active both in
retail and commercial business.

Prior negotiations between OMV and Dogan Holding which had been terminated in
November 2009 (see EANS ad hoc announcement as of 18 November 2009) serve as
basis for the negotiations.

OMV entered the Turkish market in 2006 by acquiring 34% of Petrol Ofisi, and
increased its stake to 41.58% in the following years. Dogan Holding, which owns
54.17% of Petrol Ofisi, is the other major shareholder of the company.

To strengthen its presence in Turkey would be consistent with OMV's strategy to
enhance its position in markets with substantial mid- and long-term growth rates
in Central and Southeastern Europe.

Further inquiry note:
OMV
Investor Relations:
Angelika Altendorfer-Zwerenz
Tel. +43 1 40 440-21600
e-mail: [email protected]

Press:
Michaela Huber
Tel. +43 1 40 440-21661
e-mail: [email protected]

Internet Homepage: http://www.omv.com
end of announcement euro adhoc
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issuer:      OMV Aktiengesellschaft
             Trabrennstraße  6-8
             A-1020 Wien
phone:       +43 1 40440/21600
FAX:         +43 1 40440/621600
mail:        [email protected]
WWW:         http://www.omv.com
sector:      Oil & Gas - Downstream activities
ISIN:        AT0000743059
indexes:     ATX Prime, ATX

stockmarkets: official market: Wien
language: English

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