• All items on the agenda approved by large majority
• All members of the Supervisory Board re-elected
• Dividend growth of 28% to EUR 1.15 per share

Cologne, 3 June 2008 – “Growth and Continuity” was the motto of the speech given to shareholders by Michael Frahnert, Chief Executive Officer of OVB Holding AG at today’s Annual General Meeting in Cologne.

“The figures for the past financial year as well as the quality of the earnings speak for themselves”, said Michael Frahnert. He added that the Company is in an ideal position to achieve further success, now and in the future. The Executive Board also confirmed the forecast for the entire year.

OVB Holding AG shareholders approved all items on the agenda by a large majority at today’s Annual General Meeting in Cologne. The actions of the Executive Board and the Supervisory Board were approved each by 100% respectively. The dividend increase to EUR 1.15 per share was approved by 100%.

The shareholders also authorised by 99,99% the Executive Board to buy back up to 250,000 of the Company’s own shares by 2 December 2009.

All members of the Supervisory Board were re-elected, each by high approval:

Christian Graf von Bassewitz, Düsseldorf,
Retired banker, previously a personally liable partner in Bankhaus Lampe KG

Wolfgang Fauter, Hamburg,
Chief Executive Officer of Deutscher Ring Lebensversicherungs-AG, Deutscher Ring Krankenversicherungs-Verein a.G. and Deutscher Ring Sachversicherungs-AG

Jens O. Geldmacher, Ahrensburg,
Member of the Executive Board of Deutscher Ring Lebensversicherungs-AG, Deutscher Ring Krankenversicherungs-Verein a.G. and Deutscher Ring Sachversicherungs-AG

Marlies Hirschberg-Tafel, Hamburg,
Member of the Executive Board of Deutscher Ring Lebensversicherungs-AG, Deutscher Ring Krankenversicherungs-Verein a.G. and Deutscher Ring Sachversicherungs-AG

Michael Johnigk, Dortmund,
Member of the Executive Board of SIGNAL Krankenversicherung a.G., IDUNA Vereinigte Lebensversicherung aG für Handwerk, Handel und Gewerbe, SIGNAL Unfallversicherung a.G., SIGNAL IDUNA Allgemeine Versicherung AG, PVAG Polizeiversicherungs-AG

Jörn Stapelfeld, Hamburg,
Chief Executive Officer of Volksfürsorge Holding AG, Volksfürsorge Deutsche Lebensversicherung AG, Volksfürsorge Deutsche Sachversicherung AG

The proposed re-appointment of PricewaterhouseCoopers Aktiengesellschaft, Wirtschaftsprüfungsgesellschaft, Düsseldorf as the auditor for financial year 2008 was approved by 100x% of votes.

The changes to the Articles of Association, proposed under items 8 and 9 on the agenda, were approved by 99.99% respectively 100% of the shareholders.

Overall, 85.81% of the share capital was represented. OVB Holding AG will publish its results for the first half of 2008 on 14 August 2008.

About OVB Group OVB Group,
with its holding company headquartered in Cologne, is one of the leading European financial sales organisations. Since the founding of OVB Vermögensberatung AG in Germany in 1970, customer-oriented consulting for private households with regard to insurance coverage, asset building and growth, pension plans and real estate acquisition have been the focus of OVB’s business activities. Currently OVB advises more than 2.65 million customers across Europe and works together with more than 100 renowned product partners. OVB is presently active in 14 countries, with nearly 4,900 full-time financial consultants working for the Group. In 2007 OVB Holding AG, which has been listed on the Frankfurt Stock Exchange (Prime Standard) since July 2006, generated overall sales commissions together with its subsidiaries in the amount of €246.2 million and an EBIT of €29.0 million.

Results of the votes

Item on the agenda				Yes votes in %
2		Use of the unappropriated surplus as at 31 December 2007		100
3		Approval of the actions of the Executive Board for financial year 2007		100
4		Approval of the actions of the Supervisory Board for financial year 2007		100
5		Election of auditor and Group auditor for financial year 2008		100
6		Approval of conclusion of profit distribution agreement between OVB Holding AG and OVB Vermögensberatung AG		100
7		Approval for the acquisition and use of treasury shares		99,99
8		Changes to Supervisory Board remuneration and amendment to Articles of Association		99.99
9		Further amendments to the Articles of Association		100
10		Re-elections to the Supervisory Board		99.98 respectively 100