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25.11.2010 – 09:04

OMV Aktiengesellschaft

EANS-News: OMV Aktiengesellschaft
OMV Supervisory Board: Confirmation of Dr. Ruttenstorfer as CEO

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Wien (euro adhoc) - Since the investigations became public, the Supervisory Board has been kept informed about the latest developments and in particular about the outcome of these investigations. The Supervisory Board will continue to closely monitor the proceedings and collect further information if necessary. The Supervisory Board´s decision has been taken on the basis of numerous reputable expert opinions, all of which came to the conclusion that no misconduct had occurred.

In today´s meeting, following detailed discussion and extensive consultation, the Supervisory Board has taken a decision over the further course of action in connection with the indictment against Mr. Ruttenstorfer. The Supervisory Board holds the view that there are no grounds at present for a change in the CEO's position.

end of announcement                               euro adhoc

Further inquiry note:

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Tel. +43 1 40 440-21600

Michaela Huber
Tel. +43 1 40 440-21661

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Branche: Oil & Gas - Downstream activities
ISIN: AT0000743059
WKN: 874341
Index: ATX Prime, ATX
Börsen: Wien / official market

Original content of: OMV Aktiengesellschaft, transmitted by news aktuell