Xetra (euro adhoc) -

  Notification concerning transactions by persons discharging managerial
  responsibilities pursuant to section 15a of the WpHG, transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is responsible
  for the content of this announcement.

19.09.2007

Details of the person subject to the disclosure
requirement:

Name:              Wolfgang Fauter

Reason for the disclosure requirement:

Reason:            Person performing managerial responsibilities
Position:          Member of an administrative or supervisory body

Details of the transaction:
Description of financial instrument: OVB Holding AG Aktie

ISIN:                DE0006286560
Type of transaction: purchase
Date:                19.09.2007
No of items:         890
Currency:            Euro
Price:               20.20000
Total amount traded: 17,978.00
Place:               Xetra
Explanation:

Issuer subject to the publication requirement:

end of announcement                               euro adhoc 24.09.2007 17:12:22

Further inquiry note:

Branche: Financial & Business Services
ISIN: DE0006286560
WKN: 628656
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade