EANS-News: OVB Holding AG /

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3-month report

Köln (euro adhoc) - OVB posts double-digit growth in sales and
earnings in Q1/2011

Consolidated sales rise by 13.7% to EUR54.1 million

Growth driven by Central and Eastern Europe

Group EBIT rises by 36.8% to EUR1.7 million

Marked increase in Central and Eastern Europe

Cologne, 12 May 2011 - OVB Holding AG, one of the leading financial
services providers in Europe, has started the current financial year
with double-digit growth in sales and earnings. The company, which
operates in 14 European countries, has increased its sales by 13.7%
to EUR54.1 million (first quarter of 2010: EUR47.6 million). "The
first quarter of 2011 went very well. We are optimistic regarding the
future and are assuming further growth in sales," explains Wilfried
Kempchen, Chief Executive Officer of OVB Holding AG. "Business, most
notably in Central and Eastern Europe, has picked up significantly."
In the Central and Eastern Europe segment, OVB achieved a sharp rise
in total sales commission of 47.5% to EUR30.4 million (first quarter
of 2010: EUR20.6 million). In the Germany segment, total sales
commission remained largely constant, at EUR17.7 million (first
quarter of 2010: EUR18.0 million). In Southern and Western Europe,
sales fell, as a result non-recurring factors, by 34.1% to EUR5.9
million (first quarter of 2010: EUR9.0 million).

The Group´s earnings before interest and tax (EBIT) reached EUR1.7
million and are consequently 36.8% up on the previous year´s figure
of EUR1.3 million). The Central and Eastern Europe segment
contributed EUR2.8 million (first quarter of 2010: EUR2.1 million) to
the Group´s EBIT, while the Germany segment contributed EUR1.7
million (first quarter of 2010: EUR1.8 million). In the Southern and
Western Europe segment, the company incurred a loss, which was
unchanged on the previous year, of EUR0.3 million. The EBIT margin,
measured against total sales commission, amounted to 3.2% (first
quarter of 2010: 2.7%).

Consolidated net income of OVB Holding AG for the period under review
came to EUR1.2 million (previous year: EUR1.1 million), resulting in
basic earnings of EUR0.09 per share (previous year: EUR0.08 with the
same number of shares).

The number of trained and registered financial advisors, who work for
OVB full-time, rose by 5.5% from 4,410 sales representatives at the
end of March 2010 to 4,651 independent sales employees at the end of
the first quarter of 2011.

In the process, the company succeeded in expanding the sales force
team in Central and Eastern Europe by 15.6% from 2,540 financial
advisors in the previous year to the current figure of 2,935 sales
representatives.

OVB increased its customer base across the Group from 2.78 million to
2.82 million customers.

Following a very good start overall, OVB is now pursuing the goal of
increasing its sales and earnings compared with 2010. Oskar Heitz,
Chief Financial and Administrative Officer of OVB Holding AG says,
"We are very confident that we shall be able to fulfil current
forecasts for the year as a whole."

This information, a presentation and the consolidated interim report
on the first quarter of 2011 can be downloaded from the Investor
Relations section

http://www.ovb.ag/InvestorRelations/IRInformationen/Archiv2011/IRInfo
rmation12052011.aspx

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 some 2.82 million
customers across Europe, working in cooperation with over 100
renowned product partners. OVB is presently active in 14 countries,
with 4,651 full-time financial advisors working for the Group. In
2010, OVB Holding AG and its subsidiaries generated total sales
commission of EUR197.3 million and EBIT of EUR4.8 million. OVB
Holding AG has been listed on the Frankfurt Stock Exchange (Prime
Standard, ISIN DE0006286560) since July 2006.

end of announcement euro adhoc
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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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade