OMV Aktiengesellschaft Move & More. Romania as Future Member of the European Union Vienna, October 15, 2004

OMV Aktiengesellschaft Move & More. Economic Perspectives – Chances for Investors Wolfgang Ruttenstorfer Chief Executive Officer of OMV Aktiengesellschaft

3 |OMV Aktiengesellschaft, Oktober 2004 GREECE ADRIATIC SEA MEDITERRANEAN SEA Alliance OMV – Petrom The leading downstream player in CEE OMV supply before acqu. 2003/04 Additional volume Bayernoil/Petrom ITALY GERMANY SWITZERLAND BLACK SEA POLAND in mn t Ref. sales vol. Schwechat Ref. sales vol. Cluster II ROMANIA BULGARIA SERBIA HUNGARY UKRAINE Ref. sales vol. BGH / BO +5,5mn t 1 +4,5mn t 1 AUSTRIA 0 1,5 3 OKDK 0 1,5 3 OKDK 0 1,5 3 OKDK

4 |OMV Aktiengesellschaft, Oktober 2004 Strategic opportunity in E&P Austria Reserves:152 mn boe Production:40,000 boe/d Rest of Europe Reserves:36 mm boe Production:16,000 boe/d Petrom Reserves:1,036 mn boe Production:220,000 boe/d South America Reserves:41 mn boe Production:11,000 boe/d Southeast Asia Reserves:16 mn boe Production:12,000 boe/d Africa Reserves:104 mn boe Production:32,000 boe/d Middle East Reserves:60 mn boe Production: 9,000 boe/d OMV proved reserves as of December 31, 2003 Petrom estimated reserves correspond to cumulative production from 2005 to 2034 Petrom production is shown for 2004

5 |OMV Aktiengesellschaft, Oktober 2004 Gas: The coming energy source for Europe Existing downstream target markets New downstream target markets CZ SK H SLO (North) Italy (South) Germany TAG WAG Expansion of transit capacity of TAG and WAG Nabucco 2010 Promote Nabucco project Iran North Africa Potential integration projects with E&P RO BG YU HR

6 |OMV Aktiengesellschaft, Oktober Doubling of market share to 20% in CEE/Danube area Increasing refining capacity only to meet this target Increasing the target production of oil and gas (from 160,000 to 350,000 boe/d) Achieving an integration ratio between E&P : R&M better than 0.5 : 1 Expanding of gas marketing and trading volumes to 10 bcm and strenghtening the hub Baumgarten Securing #2 global market position in Melamine ROACE 13% OMV continues to perform well on its strategic track Petrom alliance major step to reach/exceed the 2008 strategy goals OMV proves to be the leading consolidator of the CEE/Danube region OMV and Petrom