OVB defies crisis on the financial markets - sales and earnings rise significantly in first 9 months

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

companies/Company

Cologne (euro adhoc) - OVB defies crisis on the financial markets -
sales and earnings rise significantly in first 9 months

-Consolidated sales up 8.3%
-Consolidated net profit increase of 21.5%
-Dividend per share increase to EUR1.35 planned

Cologne, 6 November 2008 - OVB Holding AG recorded sales (total sales
commission) of EUR194.6 million in the first 9 months of 2008. This
amount is 8.3% or EUR14.9 million above the figure for the
corresponding period of the previous year (EUR179.7 million). Michael
Frahnert, Chairman of the Executive Board of OVB Holding AG,
emphasised that "OVB is and remains a growth company -even in
difficult times".

OVB´s decisive advantage is its broad-based international presence.
Of all regions, Central and Eastern Europe again delivered the
strongest contribution to sales in the first nine months of the
fiscal year, with an increase of 20.4% or EUR15.9 million to EUR94.1
million (EUR78.2 million). In Southern and Western Europe, sales
increased by 7.1% to EUR39.6 million year-on-year (EUR37.0 million)
between January and September 2008.

In Germany, sales remained below the level of the corresponding
period of the previous year at EUR60.9 million. Uncertainty about
future economic development caused customer restraint in respect to
new long-term investments - even with regards to investment in their
own retirement plans. Michael Frahnert appeared convinced saying, "We
think that this status will be of a temporary nature".

Earnings before interest and taxes (EBIT) remained unchanged to the
previous year at EUR22.3 million. This was mainly due to the targeted
strengthening of human resources in areas dealing with sales, the
opening of new offices and the expansion of sales services. Michael
Frahnert summarises OVB´s long-term oriented strategy, "We are
maintaining steady growth, investing in strengthening our sales,
therefore benefiting from the next upturn in the market". Despite
expenditure to advance growth, the consolidated EBIT margin remained
at the acceptable level of 11.5% (previous year: 12.4%) for the first
9 months of 2008.

Net profit for the first nine months of 2008 was up 21.5%
year-on-year or EUR3.4 million to EUR19.2 million. Basic earnings per
share increased to EUR1.35 compared to EUR1.11 in the first nine
months of 2007.

The number of customers increased again. Between January and
September 2008, OVB gained 102,900 new customers across Europe;
within the year there were 175,800. By the end of the reporting
period, OVB´s customer portfolio consisted of 2.71 million customers
across the whole of Europe.

The number of full-time advisors has been expanded by 457 or 10.1% to
4,966 since the balance sheet date of the previous year.

OVB believes its annual sales and earnings forecasts to be confirmed
by the good progress of the first nine months. With at least a
double-digit growth in sales and earnings, the company wants to
continue on its path of growth. Against the backdrop of this good
progress, the Executive Board will propose to the Supervisory Board
that the dividend be increased to EUR1.35 per share.

About OVB Group

OVB Group, with its holding company headquartered in Cologne, is one
of the leading European financial sales organisations. Since the
formation of OVB Vermögensberatung AG in Germany in 1970,
customer-oriented consulting for private households in the areas of
insurance coverage, asset building and appreciation, pension
provision and real estate acquisition have formed the focus of OVB´s
business activities. OVB currently advises more than 2.7 million
customers across Europe, working in cooperation with over 100
renowned product partners. OVB is presently active in 14 countries,
with some 4,900 full-time financial consultants working for the
Group. In 2007, OVB Holding AG - which has been listed on the
Frankfurt Stock Exchange (Prime Standard) since July 2006 - and its
subsidiaries generated total sales commission of EUR246.2 million and
EBIT of EUR29.0 million.

Key figures for the OVB Group 9M/2008:

Key operating figures:

Unit 01/01 - 01/01 -
30/09/2007 30/09/2008 Change
Clients
(30/09) Number
million 2.54 2.71 + 6.7 %
Financial
advisors
(30/09) Number 4,509 4,966 + 10.1 %
New
business Number 404,902 437,385 + 8.0 %
Total
sales
commiss. Euro million 179.7 194.6 + 8.3 %

Key financial figures:

Unit 01/01 - 01/01 -
30/09/2007 30/09/2008 Change

EBIT) Euro
million 22.3 22.3 ± 0.0 %
EBIT
margin* % 12.4 11.5 - 0.9 %-pts.
Consolidated
net income
Euro million 15.8 19.2 + 21.5 %
EPS
(undiluted) Euro 1.11 1.35 + 21.6 %

* Based on total sales commission

Key figures by region 9M/2008

Unit 01/01 - 01/01 -
30/09/2007 30/09/2008 Change

Central and Eastern Europe:

Clients
(30/09) Number million 1.57 1.70 + 8.3 %
Financial

advisors (30/09) Number 2,521 2,965
+ 17.6 % Total sales

commission Euro million 78.2 94.1 + 20.4 %
EBIT Euro million 16.6 16.9 + 1.8 %
EBIT
margin* % 21.2 18.0 - 3.2 %-pts.

Germany:

Clients
(30/09) Number 678,600 692,350 + 2.0 %
Financial

advisors
(30/09) Number 1,249 1,252 ± 0.0 %
Total
sales

commission Euro million 64.5 60.9 - 5.6 %
Brokerage
income Euro million 47.9 44.0 - 8.2 %
EBIT Euro million 5.9 5.1 - 13.6 %
EBIT
margin* % 9.1 8.4 - 0.7 %-pts.

Southern and Western Europe:

Clients
(30/09) Number 285,800 313,850 + 9.8 %

Financial advisors (30/09) Number 739 749
+ 1.3 % Total sales

commission Euro million 37.0 39.6 + 7.1 %
EBIT Euro million 5.3 4.9 - 7.5 %
EBIT
margin* % 14.3 12.4 - 1.9 %-pts.

* Based on total sales commission

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: OVB Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Brigitte Bonifer

Investor Relations

Tel.: +49 (0)221 2015 288

E-Mail: bbonifer@ovb.de

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