The European Energy Needs and Turkey, the gateway to new supply regions.

OMV an integrated player in Central and Eastern Europe. Perfect integration of Business Units and geographic positioning. North Sea Russia LNG Nabucco Middle East crude North African crude Caspian Sea downstream activities (R&M and Gas) Exploration & Production Exploration Oil supplyGas supply Exploration and Produktion Gas & Power Refining, Marketing and Petrochemicals

►Long term access to supply sources (1/3 of Russian supply for Western Europe through Baumgarten) ►Access to equity gas ►Transit capacities on main routes ►Long term storage capacities ►Trading know-how ►Favourable geographical position Middle East Strategically positioned in the European growth belt. Target markets Existing supply sources Potential supply EconGas Sites Hub Baumgarten CZ SK HU RO MD BG BA IT YU HR Russia North Africa LNG MK Norway Equity gas SL DE

Forecasted development of the gas demand in the relevant market - along the “lifeline” Nabucco. 315 bcm 282 bcm North-West 335 bcm +19% +12% South 108 bcm 84 bcm 99 bcm +29% % Middle 53 bcm 47 bcm 39 bcm % +21% 29 bcm 24 bcm 22 bcm % East +32% 62 bcm 50 bcm 39 bcm % +28% Turkey EconGas sales cluster Petrom sales cluster OMV Turkey sales cluster Petrom coordinates the marketing and trading activities in Romania and delivers natural gas to power plants, industrial customers and municipalities ACT 2007: sales volumes: 5.3 bcm ; revenues: almost 1 bn EUR Forward integration into power business – construction of power plant Petrom Gas Window of opportunity for an immediate market entry OMV founded already a subsidiary (“OMV Gaz ve Enerji Limited Sirketi”) and has received the wholesale license by EMRA on February 28, 2008 EconGas is aware of an international sales portfolio serving power plants, industrial customers and residentials via local distribution companies ACT 2007: sales volumes: 7.4 bcm; revenues: almost 2 bn EUR International trading at European trading hubs (e.g. CEGH) Market expansions EconGas Sources: Regulator 2007/ Botas 2007; EU Study – update April 2008 (baseline) including OMV assumptions

Decrease in indigenous production and demand growth needs to be met by additional imports which need to be secured yet. Source: EU study November 2006  Demand growth of 121 bcm  Power as the main driver: plus 74 bcm growth  Decrease in indigenous production by 110 bcm (~50%) till 2020  Europe faces challenges in terms of:  Additional supply to meet demand  Diversified supply routes in terms of regions and transportation  Security of Supply 540 Gas demand Gas demand EU 27 + Turkey Gas input for thermal power generation

To ensure Security of Supply, Europe has to take a two way approach: build on long lasting, reliable partnership with traditional suppliers and build up trustful relationship in new supply regions. Source: Eurogas  OMV counts on a 40 year long trustful and reliable partnership with GazpromExport  1. Western European company to sign a natural supply contract; this contract set the ball rolling for European groups – companies such as Ruhrgas and Gaz de France  2006: Prolongation of supply contract till 2027  2007: MoU to give Gazprom an equity stake at CEGH, THE transit point for shipping gas from East to West  Trustful relationship needs to be established with other supply countries in the Caspian Region and Middle East

Growing gas demand requires a new supply region approach, directly linked to the formation of a 4 th corridor. Iran: 27,800 bcm Source: BP 2008 Russia Russia: 44,649 bcm Caspian Region Middle East Baumgarten Gas reserves (in bcm) Caspian Region: 7,593 bcm Iraq: 3,170 bcm Egypt: 2,063 bcm

Russia has been a reliable partner for more than 40 years to ensure gas supply to Europe. Brotherhood: traditional route  New routes allow direct entry into European markets and supplement traditional route via Ukraine  Gazprom has already entered Europe’s downstream market and has sold about 35 bcm to end-consumers via its subsidiaries  Public statements by Gazprom indicate a target market share of 10 % Russian gas supply to Europe Blue Stream Yamal/ Northern Lights Nord Stream BBL Interconnector Brotherhoo d South Stream Nabucco Baumgarten

Turkey has a perfect strategically position between supply countries and the European demand centers hence can become the bridge to connect Europe and new supply regions. Source: BOTAS & internal research

Supply Gap 2011/12: There is a need for secured supply. Supply gap 2012 (BOTAS scenario) Gas demand (BOTAS)

Activities of OMV in Turkey.  Since 2006 OMV reached 41.3 % share in Petrol Ofisi A.S.  OMV is interested in the Turkish Energy Market and developing projects which will be realized within the next 5 years:  Nabucco Project  Gas Market Entry  Power Projects  OMV decided to enter the natural gas market (Establishment of OMV Gaz ve Enerji LLP)  OMV got its Natural Gas Whole Sale License from EMRA on 28 th of February 2008 for 30 years.  OMV offers its experienced know how in Natural Gas Market to help customers during the liberalization period.  OMV is targeting to become a reliable supplier and market player during the liberalization of natural gas market for eligible customers (Industry, LDC, Power Plants & OIZs) and contribute to Security of Supply.  OMV is aiming to become one of the most significant and reliable Natural Gas Supplier with an integrated gas company profile that can provide tailor made & turnkey energy solutions for its’ customers during the liberalization period and after.