OMV awarded two new exploration licenses in Norway

OMV, the leading energy Group in Central and Southeastern Europe, strengthens its E&P
position in the core region Northwestern Europe by adding two more exploration licenses to its
portfolio.

The first of the new licences, PL 557, is located in the Norwegian Sea approximately

200 km north-west of Trondheim. The joint venture partners are Repsol Exploration Norge AS

and Skagen 44 AS. The second license, PL 564 is in the southern part of the Barents Sea, an

area where OMV has already established a strong presence. Joint venture partners are

Wintershall Norge ASA and North Energy ASA. Both new licenses are operated by OMV (Norge)

AS with a 50% interest.

Wolfgang Remp, OMV Senior Vice President E&P International, stated: “The addition of the new

licenses supports our continuing efforts to build up a substantial exploration portfolio in Norway, a

country that will play an ever important role as part of OMV’s core region Northwestern Europe”.

OMV (Norge) AS is planning to start with the acquisition of 3D seismic data in both blocks in 2010.

Background information
:
PL 557

OMV (Norge) AS (operator): 50%

Repsol Exploration Norge AS: 40%

Skagen 44 AS: 10%

PL 564

OMV (Norge) AS (operator): 50%

Wintershall Norge ASA: 30%

North Energy ASA: 20%

OMV in Norway

Norway is the 10

wholly owned subsidiary of OMV Exploration & Production GmbH, established in 2006 and headquartered in

OMV Aktiengesellschaft

With Group sales of EUR 17,92 bn and a workforce of 34,676 employees in 2009, OMV Aktiengesellschaft is one

of Austria’s largest listed industrial companies. As the leading energy group in the European growth belt, OMV is

active in Refining & Marketing (R&M) in 12 countries. In Exploration & Production (E&P) OMV is active in 17

countries on four continents. In Gas & Power (G&P) OMV sells approximately 13 bcm gas per year. Through its

2,000 km long gas pipeline network in Austria G&P transports approximately 75 bcm gas annually. OMV’s Central

European Gas Hub is with around 23 bcm annually trading volume one of the most important gas hubs in

Continental Europe.

OMV is the leading energy group in the European growth belt with oil and gas reserves of approximately. 1.19 bn

boe, daily production of around 317,000 boe in 2009 and an annual refining capacity of approximately 26 mn t.

OMV now has 2,433 filling stations in 13 countries. The market share of the group in the R&M business segment

in the Danube Region is now 20%.

OMV further strengthened its leading position in the European growth belt through the acquisition of 41.58% of

Petrol Ofisi, Turkey’s leading company in the retail and commercial business.

In June 2006, OMV has established the OMV Future Energy Fund, a wholly owned subsidiary to support projects

in renewable energy with more than EUR 100 mn to initiate the change from a pure oil and gas group to an

energy group with renewable energy in its portfolio.

Corporate Social Responsibility (CSR)

OMV is a signatory to the UN Global Compact, and an active supporter to the values enshrined in its Code of

Conduct. These include a strong sense of responsibility towards the social and natural environment, especially in

economically weak regions. OMV continuously addresses economic, environmental and social issues related to

its business in a responsible manner. The Company reports on its CSR activities in a sustainability report in

accordance with the Global Reporting Initiative Guidelines. This report is published at the same time as the annual

report.

Stavanger. OMV (Norge) AS currently has interests in ten licenses: six in the Barents Sea, two in the Norwegian

Sea and two in the North Sea; seven licenses are operated by OMV.
th largest oil producing nation and the third largest gas exporter in the world. OMV (Norge) AS is a

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OMV awarded two new exploration licenses in Norway