Medienmitteilungeuro adhoc: OMV Aktiengesellschaft / other / OMV obtains credit ratings2008-09-01T10:32:31Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. Ratings/OMV / Rating 01.09.2008 OMV now rated by Moody´s Investors Service with "A3 (stable)" and by FitchRatings with "A- (stable)" OMV Aktiengesellschaft, the leading oil and gas group in Central Europe, today announced the release by Moody´s and Fitch of its corporate credit ratings for the first time. Moody´s has assigned OMV a senior unsecured issuer rating of "A3" while Fitch has assigned an issuer default rating of "A-", thereby underpinning OMV´s strong credit quality. The outlook of both ratings is stable. This is the first time that either agency has assigned a credit rating to OMV. David C. Davies, CFO of OMV said: "Maintaining a strong investment grade credit profile has always been a key strategic objective for OMV. The strong credit profile confirmed by Moody´s and Fitch reflects the Group´s commitment to capital discipline, whilst successfully implementing our growth strategy." The ratings underpin OMV´s strong positioning in the fast-growing Central and Eastern European downstream market due to its leading position in its core area of the Danube Basin, where it owns interests in five refineries and holds a 20% market share in marketing. For more information on OMV´s ratings please refer to the separate publications released by the rating agencies today which will shortly be available on our homepage www.omv.com > Investor Relations > OMV Share & Bonds. end of announcement euro adhoc Further inquiry note: OMV Permalink:
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