1. OMV Aktiengesellschaft Move & More. The Leading Oil and Gas Group in Central Europe Investor Presentation

2. 2 Q2 2006 OMV Group  Refining and Marketing incl. petrochemicals  Gas  Exploration and Production  Worldwide activities in 5 core regions  Production: 330,000 boe/d (52% oil - 48% gas)  Reserves: 1,365 mn boe (57% oil - 43% gas)  Active in 13 Central European countries (market share 20%)  5 refineries with capacity of 26.4 mn t (540,000 boe/d)  Marketing: >2,500 retail stations  35% Borealis (#2 polyolefins producers in Europe)  2,000 km pipeline system (43 bcm transport capacity)  1/3 of Russias gas exports via Baumgarten to Western Europe  Gas sales: 14.2 bcm  50% of EconGas GmbH

3. 3 Q2 2006 OMV Group Petrom – The Transformational Deal  New refining capacity in the East of D-13  Arpechim: 3.5 mn t  Petrobrazi: 4.5 mn t  Daily oil and gas production of 217,000 boe/d (2005)  49% oil – 51% gas  Oil and gas reserves of 991 mn boe (Dec. 31, 2005)  60% oil – 40% gas  635 retail stations  Market share in Romania >30%  Through the acquisition of 51% of Petrom, OMV became the undisputed leading integrated oil and gas group in Central and Eastern Europe Petrobrazi Arpechim Romania Bulgaria Serbia

4. 4 Q2 2006 OMV Group Integration of Petrom  Restructuring program on track  Centralizing organization and accounting structures  Personnel restructuring program  New agreement for major services reached with Petromservice  Acquisition of Rafiserv to increase efficiency and service quality  Closing down of 70 uneconomic filling stations and 108 storage farms  Launch of a franchise system for 60 filling stations  New exploration program started - 3D seismic and 3 new licenses  Regulated gas price increased by about 1/3 in 2005, currently stable  Market related pricing policy implemented  Petrom's crude supply integrated in OMV Group  Transfer of OMV’s Marketing activities in Romania, Bulgaria and Serbia to Petrom

5. 5 Q2 2006 OMV Group Figures in this and the following tables may not add up due to rounding differences 1 Figures amended after stock split at the rate of 1:10 on July 11, 2005 2 Figures exclude results from discontinued operations Strong Financial Performance Q1/06Q2/06Q2/05  Q2/05 in EUR mn 6m/066m/05  6m/05 541621510 22% EBIT 1,162937 24% (15) 22(3) n.a. Financial result 7(26) n.a. 526643507 27% Income from ordinary activities 1,169911 28% (102) (177) (124) 43% Taxes (279)(218) 28% 19%28%24% 13% Effective tax rate 24% O% 68 – n.a. Discontinued operations 14 – n.a. 430474383 24% Net income (NIAT) 904693 30% (111) (74)(46) 61% Minorities (185)(100) 85 % 319400337 19% NIAT after minorities 719594 21% 1.071.341.13 19% EPS after minorities 1 2.411.99 21% 491662586 13% Clean EBIT 1,1531,023 13% 297413371 11% Clean NIAT after minorities 2 710635 12% 1.001.381.24 11% Clean EPS after minorities 1,2 2.382.13 12%

6. 6 Q2 2006 OMV Group Vision for 2010: OMV Develops Along the EU Growth Belt  Expand from mature into growing markets  Increase the lead to other regional competitors  Further boost profitability potential  Continued growth

7. 7 Q2 2006 OMV Group Growth and Targets for 2010 Basis 200120042005 Target 2010 Oil and gas production (boe/d)78,000125,000338,000500,000 Market share in Danube area (%)9141820 Retail stations1,1601,7732,451— Refining capacity (mn t)13.018.426.4<50.0 Gas marketing volumes (bcm)6.68.4 1 14.2 2 20.0 2 1 OMV Erdgas and EconGas 2 OMV Erdgas, EconGas and Petrom

8. 8 Q2 2006 OMV Group Leading Position in the Attractive CEE Market OMV Refineries Petrom Refineries Danube River Other Large Refineries (>3.5 mn t or c.70,000 b/d) MOLDOVA  5 refineries with a total capacity of 26.4 mn t  2,500 retail sites  17 mn t marketing sales volume  Market share D-13: 20%

9. 9 Q2 2006 OMV Group Exploration and Production A new Dimension with Petrom Austria 151 Petrom991 Rest of Europe26 Africa95 Middle East/Caspian50 Australia/New Zealand36 South America16 TOTAL 1,365 Libya Iran Yemen UK Pakistan Kazakhstan Tunisia Germany Albania Bulgaria Austria Romania Ireland Australia New Zealand Proved Reserves as of December 31, 2005 in mn boe Austria 39,000 Petrom 208,000 Rest of Europe 13,000 Africa35,000 Middle East/Caspian19,000 Australia/New Zealand7,000 South America8,000 TOTAL330,000 Production in 6m/06, in boe/d OMV’s five core regions  OMV Exploration  OMV Exploration & Production  Petrom Exploration & Production

10. 10 Q2 2006 OMV Group Production Targets 2010 Targeting significant production growth in international business outside Austria and Romania Production in 1,000 boe/d 338 500 CAGR 2006 – 2010 4% excl. acquisitions 8% incl. acquisitions

11. 11 Q2 2006 OMV Group Gas Business ► 90% market share of gas imports into Austria in 2005 ► Principal provider of gas storage in Austria ► OMV’s infrastructure handles approximately 33% of all Russian gas exports to Western Europe ► Nabucco pipeline project: Development phase started ► Leading position in Austrian gas supply ► 50% stake in market leader EconGas Leading position in gas transportation and storage

12. 12 Q2 2006 OMV Group  Upstream: Access to new (equity) supply sources Middle East, Caspian Region (EP Iran, Bulgaria, Romania)  Midstream: additional transmission business in Austria and abroad and combined storage business (Austria and Romania)  Strengthen turntable position Baumgarten  Swap possibilities with international partners  Downstream: Markets along entire pipe route, physical link between CEE markets and sales cluster (EconGas, Petrom) Nabucco Pipeline: An Essential Growth Project ? Investment in infrastructure is necessary to monetise gas value in other parts of the chain (E&P, Sales & Trading, Logistics) Potential entry points (selection) Investment: EUR 4.6 bn Distance: 3,300 km First gas expected in 2011 Capacity: starting 10 bcm final up to 30 bcm Decision to be made end of 2007

13. 13 Q2 2006 OMV Group 2005 Targets 2010 ROACE 19.9% 13% ROE 22.2% 16%-18% Gearing ratio (2)% 30% Payout ratio 21% 30% 13% ROACE is Primary Target Targets based on mid cycle assumptions:  Brent USD 30/bbl  EUR/USD 1:1.20  Refining margin (OMV asset mix) USD 4.80/bbl

14. 14 Q2 2006 OMV Group CAPEX Program for 2006 to 2010 EUR 1,700 mn CAPEX per year on average excluding acquisitions Total CAPEX per division CAPEX running business/growth

15. 15 Q2 2006 OMV Group Outlook for 2006 In the current high oil price environment we expect to exceed the excellent performance of 2005, despite the more challenging refining environment  E&P: Crude prices expected to be above last year’s level; additional production from New Zealand, Libya and Yemen, however production forecasted to be 5% below last year; write down for Venezuela being evaluated  R&M: Significantly weaker refining margins compared to last year; high crude prices impact costs of own energy consumption; cracker on stream in Schwechat leads to higher volumes despite fire incidents; due to high price levels Marketing margins remain under pressure; negative impact from introduction of excise tax on product exports in Romania  Gas: Improvements in storage business expected; gas price liberalization approach in Romania still under discussion

16. 16 Q2 2006 OMV Group