EANS-Adhoc: OMV Aktiengesellschaft / OMV issues hybrid notes in two tranches in an aggregate amount of EUR 1.5 bn

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Capital measures/OMV / Oil / Gas/ Austria
30.11.2015

THE INFORMATION CONTAINED IN THIS AD-HOC ANNOUNCEMENT IS NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF
AMERICA, IN OR INTO AUSTRALIA, CANADA OR JAPAN OR INTO ANY OTHER
JURISDICTION INTO WHICH DISSEMINATION IS UNLAWFUL.

- Tranche 1: Volume: EUR 750,000,000; Issue price: 99.999%; Coupon:
5.250% until December 9, 2021, subsequent fixed reset coupon, after
December 9, 2025 including step-up; first call right of OMV after six
years - Tranche 2: Volume: EUR 750,000,000; Issue price: 99.999%;
Coupon: 6.250% until December 9, 2025, subsequent fixed reset coupon
including step-up; first call right of OMV after ten years

OMV Aktiengesellschaft issues hybrid notes (subordinated notes
without maturity date) in an aggregate amount of EUR 1.5 bn, in two
tranches of EUR 750 mn each.

The issue price of tranche 1 amounts to 99.999% and the issue price
of tranche 2 to 99.999% as well.

The hybrid notes have no maturity date. Tranche 1 will bear a fixed
interest coupon of 5.250% until but excluding December 9, 2021, which
is the first call date of tranche 1, and tranche 2 will bear a fixed
interest coupon of 6.250% until but excluding December 9, 2025, which
is the first call date of tranche 2.

From December 9, 2021, until but excluding December 9, 2025, hybrid
notes of tranche 1 will bear interest according to a fixed reset
interest rate to be determined according to the relevant 5-year swap
rate and an additional margin of 4.942% and, from December 9, 2025,
with an additional step-up of 100 basis points.

From December 9, 2025, hybrid notes of tranche 2 will bear interest
according to a fixed reset interest rate to be determined according
to the relevant 5-year swap rate and an additional margin of 5.409%,
with an additional step-up of 100 basis points.

Closing and listing of the hybrid notes (Tranche 1: ISIN
XS1294342792; Tranche 2: ISIN XS1294343337) on the Regulated Market
of the Luxembourg Stock Exchange and on the Regulated Market
(Geregelter Freiverkehr) of the Vienna Stock Exchange are intended to
take place on or around December 9, 2015.

Due to the high interest from institutional investors the order book
for both tranches exceeded in aggregate EUR 4 bn.

Disclaimer:

The information contained in this announcement does not constitute an
offer to sell nor a solicitation to buy or subscribe for any
securities of OMV Aktiengesellschaft. An offer of hybrid notes of OMV
Aktiengesellschaft is exclusively made on the basis of a
prospectus-exempt private placement. The prospectus for the listing
of the notes, which will be approved by the Commission de
Surveillance du Secteur Financier, Luxembourg ("CSSF"), will be
published on the website of the Luxembourg Stock Exchange
(www.bourse.lu), will be passported into Austria and will be
available free of charge at OMV Aktiengesellschaft, Trabrennstrasse
6-8, 1020 Vienna, Austria, during usual business hours.

This information is not for release, publication or distribution in
or into the United States of America and may not be distributed to
"U.S. persons" (as defined in Regulation S under the U.S. Securities
Act of 1933, as amended) or publications with a general circulation
in the United States. This information does not constitute an offer
of securities for sale in the United States. Securities may not be
offered or sold in the United States or to "U.S. persons" absent
registration or an applicable exemption from the registration under
the Securities Act of 1933. There will be no public offer of
securities of OMV Aktiengesellschaft in the United States.

Further inquiry note:
OMV
Investor Relations:
Felix Rüsch
Tel. +43 1 40 440-21600
e-mail: investor.relations@omv.com

Media Relations:
Johannes Vetter
Tel. +43 1 40 440-22729
e-mail: media.relations@omv.com

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: +43 1 40440/21600
FAX: +43 1 40440/621600
mail: investor.relations@omv.com
WWW: http://www.omv.com
sector: Oil & Gas - Downstream activities
ISIN: AT0000743059
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English