• Further important step in OMV´s strategy of focusing on upstream and integrated downstream business activities

OMV announces to initiate a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a leading company in the Turkish oil products retail and wholesale market. OMV is currently selecting its advisors to support the potential transaction and the structuring of the envisaged process. A potential transaction is aimed at optimizing OMV's integrated portfolio in a challenging market environment.

OMV Petrol Ofisi is a leading player in the Turkish fuel distribution industry. With 1,785 fuel stations the company operates the largest retail station network in Turkey and it is a leading fuels supplier to commercial and industrial customers. Total sales volume in 2015 amounted to ca. 10 million tons. In addition, OMV Petrol Ofisi owns the largest fuel storage and logistics business in Turkey with a total storage capacity in excess of 1 million cubic meters. The company is also the largest distributor of lubricants in Turkey.

Background information:

OMV Aktiengesellschaft
With Group sales of EUR 36 bn and a workforce of around 25,500 employees in 2014, OMV Aktiengesellschaft is one of Austria´s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria and a balanced international portfolio. 2014 daily production stood at approximately 309,000 boe/d. In Downstream, OMV has an annual refining capacity of 17.8 mn tonnes and approximately 4,100 filling stations in 11 countries as of end of 2014. OMV operates a gas pipeline network in Austria and gas storage facilities in Austria and Germany. In 2014, gas sales volumes amounted to 114 TWh.

For further information, please contact:

OMV Media Relations:
Johannes Vetter, Tel.: +43 1 40440 22729, e-mail: johannes.vetter@omv.com
Robert Lechner, Tel.: +43 1 40440 21472, e-mail: robert.lechner@omv.com

OMV Investor Relations:
Felix Rüsch, Tel.: +43 1 40440 21600, e-mail: investor.relations@omv.com
Web: http://www.omv.com

Social Media: http://twitter.com/omv
http://youtube.com/omv

Next result announcement: January - December and Q4 2015 on February 18, 2016

OMV AG issued this content on 12 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2016 10:40:04 UTC

Original Document: http://www.omv.com/generic-list/display/en/125576925218421