euro adhoc: OVB Holding AG / Financing, Stock Offerings (IPO) / OVB sets offer price and placement volume for Initial Public Offering

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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20.07.2006

Köln, July 20, 2006 - OVB Holding Aktiengesellschaft together with
the Leadmanager Sal. Oppenheim jr. & Cie. KGaA has set the offer
price at EUR 21 per share. This price is in the upper half of the
price range of EUR 19 to EUR 22 per share. All shares, comprising
1,135,000 shares from a capital increase as well as 1,722,128 shares
from participation program (excluding over-allotment) have been
allocated. Additionally, some shareholders from participation program
and the company have granted Sal. Oppenheim jr. & Cie. KGaA a
Greenshoe option of up to 173,386 (105,119 shares from the company,
68,267 shares from the participation program) shares. The total
placement volume, excluding the over-allotment, amounts to
approximately EUR 60.0 million. The company will receive gross
proceeds of EUR 23.8 (exluding the over-allotment) million. Further
information: www.ovb.ag Brigitte Bonifer Investor Relations OVB
Holding Aktiengesellschaft Heumarkt 1
50667 Köln E-Mail: bbonifer@ovb.de Phone: +49 221 2015 288 Further
information of the issuer regarding this Ad-hoc-announcement: This
publication constitutes neither an offer to sell nor an invitation to
buy securities. No offer or sale of transferable securities is being
made to the public outside Germany. The public offer in Germany is
being made solely by means, and on the basis of, the German language
Wertpapierprospekt as approved by the German Federal Financial
Supervisory Authority (BaFin) on July 10, 2006 (the "German
Prospectus") and any supplement thereto. The German Prospectus was
published on July 10, 2006, the Supplement No. 1 on Juli, 14, 2006 on
the website of OVB Holding AG (http://www.ovb.ag). Since July 10,
2006 printed copies of the German Prospectus are available in
connection with the offering in Germany free of charge during usual
business hours at OVB Holding Aktiengesellschaft as well as at the
consortium banks. At the same sources the Supplement No. 1 is
available since July 15, 2006. The information contained in this
document is neither meant to be published nor distributed in the
United States of America, Canada, Australia or Japan. This document
does not constitute an offer of securities for sale or a solicitation
of an offer to purchase securities in these countries or to or for
the account or benefit of "U.S. persons" as such term is defined in
Regulation S under the U.S. Securities Act of 1933, as amended.

end of announcement euro adhoc 20.07.2006 17:45:40
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ots Originaltext: OVB Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Michael Lülsdorf
Referent Finanzen
Tel.: +49 (0)221 2015 170
E-Mail: mluelsdorf@ovb.de

Branche: Financial & Business Services
ISIN: DE0006286560
WKN: 628656
Börsen: Frankfurter Wertpapierbörse / admission applied: regulated
dealing