EANS-News: OVB Holding AG: earnings considerably improved

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quarterly report

Köln (euro adhoc) - growth in financial consultants, customers and
new contracts - continuously positive business development in the
Southern and Western Europe segment

Cologne, 8 November 2012 - The OVB Group, which operates in 14
European countries, increased its operating income by a total of
79.3% year on year to E7.2 million in the first nine months of 2012.
All segments contributed to this positive development. In Central and
Eastern Europe, EBIT of E8.9 million (E8.1 million) was generated,
while in Germany the figure was E4.3 million (E4.0 million). The
Southern and Western Europe segment achieved a break-even result
following a loss of E1.6 million in the same period of the previous
year. In the reporting period, the Group's EBIT margin, based on
overall sales commissions, reached 4.6%, after 2.5% in the first nine
months of the previous year.

Key to this positive development were the Group-wide measures
introduced, with which OVB wishes to expand its market position in
Europe further. "The progress achieved confirms our efforts so far
have been worthwhile. The optimisation of processes and costs in
administrative areas as well as the improvement in earnings achieved
have further strengthened our financial basis. We can thus invest in
a targeted manner in the further development and expansion of sales
in order to become the leader in system sales in Europe," explains
Michael Rentmeister, Chief Executive Officer of OVB Holding AG.

In the home market of Germany, Lutz Richter (38) will be responsible
for managing corresponding measures in future. With effect from 1
January 2013, the proven expert will assume the area of
responsibility of Sales at the German national company OVB
Vermögensberatung AG. This expansion of the Executive Board makes
clear that, contrary to the current competitive trend, OVB is further
expanding its activities on the market.

The OVB Group's total sales commission of E155.6 million was nearly
at the level of the same period of the previous year (E162.0
million). The pleasing business development in Southern and Western
Europe also continued after nine months of the 2012 financial year.
In the nine-month period, total sales commission in all countries
countries of the segment, with the exception of Greece, rose
considerably from E17.2 million by 14.0% to E19.6 million. In the
reporting period, OVB's business in the countries of Central and
Eastern Europe remained stable. In the first nine months of 2012,
sales here were E91.0 million, 3.5% below the previous year's figure
(E94.3 million) after extremely strong growth in the same period of
the previous year. In the reporting period, sales in Germany were
E45.0 million, largely similar to the industry as a whole and below
the previous year's figure (E50.4 million).

The number of new contracts concluded across Europe increased by 5.8%
to 410,298 (387,776). As of 30 September 2012, the number of clients
grew by 3.5% from 2.84 million in the previous year to 2.94 million.
In the last 12 months, the number of consultants was increased by
4.9%, with 5,060 financial consultants currently working full-time
for OVB (4,822). "The growth achieved by OVB's sales force confirms
in an impressive manner our expertise and attractiveness as an
internationally aligned financial services provider that successfully
positions itself in the consultancy market as a 'company for
entrepreneurs'," says Michael Rentmeister.

In the medium term, too, the growing need for private coverage and
provision solutions offers OVB just as good growth potential as
before. With a view to the last few weeks of 2012, Michael
Rentmeister is confident that OVB will achieve sales at a level
approaching that of the previous year. As in the period from January
to September 2012, earnings to be expected for 2012 as a whole will
be considerably above the previous year's figure.

About the OVB Group The 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
2.94million customers across Europe, working in cooperation with more
than 100 renowned product partners. OVB is presently active in 14
countries, with 5,060 full-time financial consultants working for the
Group. In 2011, OVB Holding AG and its subsidiaries generated total
sales commission of E222.1 million and EBIT of E6.1 million. The OVB
Holding AG share has been listed on the Frankfurt Stock Exchange
(Prime Standard, ISIN DE0006286560) since July 2006. Internet:
www.ovb.ag A presentation and the 2012 Nine-Month report can be
downloaded from the Investor Relations section of www.ovb.ag.

Further information:

http://www.ovb.ag/InvestorRelations/IRInformationen/Archiv2012/IRInfo
rmation08112012.aspx

Brigitte Bonifer
Investor Relations
Telefon: 0221 / 2015-288
Telefax: 0221 / 2015-325
bbonifer@ovb.de

Antje Schweitzer
Public Relations
Telefon: 0221 / 2015-153
Telefax: 0221 / 2015-138
aschweitzer@ovb.de

Further inquiry note:
Brigitte Bonifer
Investor Relations
Tel.: +49 (0)221 2015 288
E-Mail: bbonifer@ovb.de

end of announcement euro adhoc
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company: OVB Holding AG
Heumarkt 1
D-50667 Köln
phone: +49 (0)221 2015 0
FAX: +49 (0)221 2015 264
mail: ovb@ovb-holding.ag
WWW: www.ovb.ag
sector: Financial & Business Services
ISIN: DE0006286560
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English