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OMV Aktiengesellschaft / OMV initiates process to sell OMV Petrol Ofisi

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Strategic management decisions/OMV / Oil / Gas / Austria / OMV Petrol
Ofisi / Turkey 12.02.2016

- 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.

Further inquiry note:
OMV

Investor Relations:

Felix Rüsch

Tel. [phone]

e-mail: [e-mail]



Media Relations:

Robert Lechner

Tel. [phone]

e-mail: [e-mail]



Internet Homepage: http://www.omv.com

end of announcement euro adhoc
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issuer: OMV Aktiengesellschaft
Trabrennstraße 6-8
A-1020 Wien
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: http://www.omv.com
sector: Oil & Gas - Downstream activities
ISIN: AT0000743059
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English