euro adhoc: OMV Aktiengesellschaft / Buybacks / Notification of the intended purchase of own shares of the Company pursuant to section 65 para 1 no. 4 and 8 and para 1a of the Austrian Stock Corporati

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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06.06.2006

The OMV Executive Board decided to purchase own shares on June 6,
2006. The legal authorization was obtained at the Annual General
Meeting on May 24, 2006 (published on the OMV website www.omv.com >
About OMV > Investor Relations > Investor News > Annual General
Meeting 2006 on May 24, 2006 and on page 36, in Wiener Zeitung on May
27, 2006).

Share buyback 2006 Period: June 12, 2006 until November 23, 2007
Type: non-par value share (ISIN: AT0000743059) Intended volume: up to
5,000,000 shares, i.e. up to 1.67% of the total number of shares
Repurchase price: current stock price with a minimum of EUR 25 and a
maximum price per share which must not exceed the average un-weighted
closing price over the ten preceding trading days by more than 30%
Type of sale: via Vienna Stock Exchange Purpose: the acquired company
shares will be used to serve convertible bonds or will be offered to
members of the Executive Board of OMV Aktiengesellschaft and defined
senior executive managers of OMV Aktiengesellschaft and associated
companies in the form of stock options. According to the stock option
plan 2006 (approved at the Annual General Meeting on May 24, 2006)
members of the Executive Board and defined senior executives of OMV
Aktiengesellschaft and associated companies have been offered 20
stock options for each share of own investment. The maximum number
of stock options for each member of the Executive Board is 24,840 and
8,280 for each senior executive. The total number of options granted
in 2005 was 723,200. Changes and transactions will be published on
the OMV homepage www.omv.com > About OMV > Investor Relations > Stock
Information > Stock Buybacks/Sale.

end of announcement euro adhoc 06.06.2006 17:30:00
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ots Originaltext: OMV Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

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