Cologne, August 21, 2006 –  On Friday, August 18, 2006, Sal. Oppenheim jr. & Cie. KGaA acting as Lead Manager and Sole Bookrunner, has fully exercised the Greenshoe option, granted in connection with the initial public offering of OVB Holding AG, to subscribe for up to 173,386 shares at the offer price (EUR 21 per share).
 
As a result, the total issue volume amounts to 3,030,514 shares. At the offer price, the total issue volume, including the Greenshoe shares, amounts to approximately EUR 63.6 million. With the exercise of the Greenshoe option, the stabilization period ends. No stabilization measures were undertaken by Sal. Oppenheim jr. & Cie. KGaA  as stabilization manager during the stabilization period. The shares for the exercise of the Greenshoe option were provided by some shareholders from participation program and the company (68,267 shares from the participtation program, 105,119 shares from the company). The free float amounts to approximately 21.3% of the share capital of OVB Holding AG.
 
OVB Holding AG is listed at Frankfurt Stock Exchange´s Prime Standard, since July 21, 2006.
 
This information constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. Any such offer is made solely by means of and on the basis of the German Securities Prospectus published and registered with the German Financial Supervisory Authority (BaFin), including its German Supplements.

Any investment decision concerning the securities of the issuer offered publicly should only be made on the basis of the German Securities Prospectus including its German Supplements. The German Securities Prospectus of July 10, 2006, approved on July  10, 2006 and its German Supplement approved by BaFin on July 14, 2006, are available free of charge from the Listing Authority at the Frankfurt Stock Exchange, the issuer, the syndicate of banks as well as on the Internet at www.ovb.ag.
 
The information contained herein is not for publication or distribution in the United States. The material set forth herein is for informational purposes only and is not intended, and should not be construed, as an offer of securities for sale into the United States. The securities of the issuer described herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), or the laws of any state, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. No money, securities or other consideration is being solicited and, if sent in response to the information contained herein, will not be accepted.