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OMV obtains credit ratings

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Ratings/OMV / Rating
01.09.2008
OMV now rated by Moody´s Investors Service with "A3 (stable)" and by
FitchRatings with "A- (stable)"
OMV Aktiengesellschaft, the leading oil and gas group in Central 
Europe, today announced the release by Moody´s and Fitch of its 
corporate credit ratings for the first time.
Moody´s has assigned OMV a senior unsecured issuer rating of "A3" 
while Fitch has assigned an issuer default rating of "A-", thereby 
underpinning OMV´s strong credit quality. The outlook of both ratings
is stable. This is the first time that either agency has assigned a 
credit rating to OMV.
David C. Davies, CFO of OMV said: "Maintaining a strong investment 
grade credit profile has always been a key strategic objective for 
OMV. The strong credit profile confirmed by Moody´s and Fitch 
reflects the Group´s commitment to capital discipline, whilst 
successfully implementing our growth strategy."
The ratings underpin OMV´s strong positioning in the fast-growing 
Central and Eastern European downstream market due to its leading 
position in its core area of the Danube Basin, where it owns 
interests in five refineries and holds a 20% market share in 
marketing.
For more information on OMV´s ratings please refer to the separate 
publications released by the rating agencies today which will shortly
be available on our homepage www.omv.com > Investor Relations > OMV 
Share & Bonds.
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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