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OMV Aktiengesellschaft

OMV: Convocation of the Annual General Meeting

Wien (euro adhoc) -

May 14, 2008, at 2:00 pm (CET), at the AUSTRIA CENTER VIENNA, in
Bruno-Kreisky-Platz 1, 1220 Vienna, Austria
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/OMV / Annual General Meeting
OMV Aktiengesellschaft,
Vienna
Convocation of the Annual General Meeting
on May 14, 2008, at 2:00 pm (CET), at the AUSTRIA CENTER VIENNA, in 
Bruno- Kreisky-Platz 1, 1220 Vienna, Austria.
Agenda:
1) Submission of the approved 2007 Financial statements of OMV   
Aktiengesellschaft, the Directors' report of OMV Aktiengesellschaft, 
the   Consolidated financial statements including the Directors' 
report of the OMV   Group as well as the Report of the Supervisory 
Board
2) Distribution of dividends
3) Share buy back and reselling
4) Chartered accountants for the business year 2008
5) Stock option plan 2008
6) Discharge of the members of the Executive Board and the 
Supervisory  Board   for the business year 2007
7) Resolution on the remuneration of the members of the  Supervisory 
Board  for   the business year 2007
8) By-elections to the Supervisory Board
The German version of the report according to Article 95 para 6 and 
Article 159 para 2 no. 3 Stock Corporation Act regarding the stock 
options will be published together with this convocation in the 
official gazette of the "Wiener Zeitung" and is also made available 
to the public in the Company's headquarters at Otto-Wagner-Platz 5, 
1090 Vienna, Austria.
The annual report for the business year 2007 (including the proposal 
for the distribution of the profit and the report of the Supervisory 
Board) is made available to the public in the Company's headquarters.
Moreover the financial statements of OMV Aktiengesellschaft and the 
consolidated financial statements of OMV Group including their 
annexes will be published in the official gazette of the "Wiener 
Zeitung" on May 17, 2008.
In general all publications related to this Annual General Meeting 
can be downloaded from the Company's website www.omv.com and are also
made available in electronic form due to Article 82 para 9 Stock 
Exchange Act to the extent legally required.
All shareholders who have deposited their shares at one of the 
following depositing agencies by the close of business on May 7, 2008
at the latest will be entitled to participate in the Annual General 
Meeting to exercise their right to vote and to propose motions:
-     all main branches of domestic (Austrian) banks
-     every notary public and
-     the Company
Shareholders are requested to carry out the deposit process via their
depositary banks at the depositing agencies.
The deposit is also deemed to be made in accordance with the rules if
the share certificates are put in custody with the approval of a 
depositing agency at any other financial institution until the end of
the Annual General Meeting.
The deposit confirmation by the depositing agency will be submitted 
to the Company either in its original form or as a certified copy no 
later than one working day after the last day of the depositing term 
(in advance via fax [no. +43 (0)5 0100/916383] or via e-mail 
[ingrid.lausch@erstebank.at]).
The Company's share capital is divided into 300,000,000 no par value 
shares. Each share represents one voting right. Shares in possession 
of the Company are not entitled to vote. Therefore 298,730,934 voting
rights are currently exercisable. Shares still in circulation with a 
nominal value of ATS 100 or ATS 1,000 will be admitted to the Annual 
General Meeting until their exchange and will hold their voting right
and the profit right, in the course of which every par value share at
the nominal value of ATS 100 represents one voting right and every 
par value share at the nominal value of ATS 1,000 represents ten 
voting rights.
For the avoidance of further inquiries the depositing agencies are 
requested to indicate the number of shares and the number of voting 
rights on the voting cards or the confirmation of depositing in 
accordance with the above mentioned regulation at the occasion of 
issuing the voting cards or deposit certificates.
The shareholders will have again the opportunity to exercise their 
voting rights by an independent representative - namely the 
Interessenverband für Anleger (IVA), Feldmühlgasse 22, 1130 Vienna, 
Austria,  office@iva.or.at, phone: +43 (1) 87 63 343/30. For IVA Mr. 
Michael Knap (michael.knap@iva.or.at) will represent by request all 
those shareholders, which properly deposited their shares but cannot 
personally participate in the Annual General Meeting.
Representation is possible in two ways: a) The shareholder of OMV 
Aktiengesellschaft authorizes the deposit bank to   execute the 
confirmation of the deposit of his OMV shares for Mr. Michael   Knap,
as representative, c/o IVA, Feldmühlgasse 22, 1130 Vienna, Austria, 
and   to send the confirmation directly to Mr. Michael Knap. In this 
case   instructions are not possible and Mr. Knap (or his 
sub-authority) is   authorized to exercise the voting right at his 
own discretion. b) The shareholder applies for a confirmation of the 
deposit of his shares at   his deposit bank. On this deposit 
conformation (or on a separate paper) Mr.   Knap has to be authorized
with the representation in written form. The   deposit confirmation 
including the written authorization has to be sent to   Mr. Knap, c/o
IVA, Feldmühlgasse 22, 1130 Vienna, Austria. Furthermore, the   
shareholder may give Mr. Knap (or his sub-authority) instructions 
regarding   different voting rights. Without instructions Dr. Knap is
authorized to   exercise the voting right at his own discretion.
The motions due for approval will be published on the Company's 
website (www.omv.com) under "About OMV ( Corporate Governance ( 
General Meeting ( This Year's AGM" as soon as the Company has notice 
on it. To ensure that the original deposit confirmation (incl. the 
authorization) will reach IVA before the Annual General Meeting in 
time, we kindly ask you to consider the time of the post sending. It 
is planned to install a separate email address to give the 
shareholders the possibility to give or to change instructions during
the Annual General Meeting. This email address will be announced at 
OMV's website.
According to Article 23 para 6 of the Articles of Association of the 
Company, the dividend as resolved by the Annual General Meeting, 
shall become payable 30 days after the resolution of the Annual 
General Meeting, unless differently decided upon. The respective 
dividend announcement will be made on May 17, 2008. Shareholders may 
exercise their rights to dividends via their depositing bank by 
submitting the coupon no. 35 which will credit the dividend to the 
respective account utilizing the paying agents.
We request to plan sufficient time considering the expected high 
number of participants and the nowadays usual security requirements.
The General Meeting is the prime organ of a stock corporation as it 
is the forum of the owners of the Company, the shareholders. 
Therefore we kindly ask for your understanding that such meeting is 
not an event for guests - even if we appreciate such interest - and 
that participation as guest is only possible by advanced notification
[Tel. +43 (1) 40 440/21417].
Vienna, April 22, 2008
The Executive Board
end of announcement                               euro adhoc

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

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