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Mergers - Acquisitions - Takeovers
Legal requirements for OMV and Verbund merger not fulfilled

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
23.05.2006
OMV Aktiengesellschaft announces that the necessary parliamentary
decisions, which would have been a precondition for the OMV and
Verbund merger, will not be taken. For the realization of the merger
a two thirds majority of the Austrian Parliament would have been
required in order to transfer the 51% stake in Verbund owned by the
Republic to OMV Verbund.
end of announcement                               euro adhoc 23.05.2006 21:00:00

Further inquiry note:

OMV
Investor Relations:
Ana-Barbara Kuncic
Tel. +43 1 40 440-21443; e-mail: investor.relations@omv.com
Press:
Bettina Gneisz-Al-Ani
Tel. +43 1 40 440-21660; e-mail: bettina.gneisz@omv.com
Thomas Huemer
Tel. +43 1 40 440-21660; e-mail: thomas.huemer@omv.com

Internet Homepage: http://www.omv.com

Branche: Oil & Gas - Downstream activities
ISIN: AT0000743059
WKN: 874341
Index: ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing

Original content of: OMV Aktiengesellschaft, transmitted by news aktuell

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