OVBC Announces Stock Repurchase Program

GALLIPOLIS, Ohio, Jan. 15 /PRNewswire-FirstCall/ -- Ohio Valley Banc Corp.
(Nasdaq: OVBC) was authorized by its Board of Directors on January 15, 2008,
to repurchase up to 175,000 shares of OVBC common stock through open market
and privately negotiated purchases.
The timing of the purchases, the prices paid and the actual number of
shares of common stock purchased will depend upon market conditions and
limitations imposed by applicable federal securities laws. All shares of
common stock purchased will be held as treasury shares and will be available
for use by OVBC pursuant to the terms of OVBC's Dividend Reinvestment and
Employee Stock Purchase Plan as well as for other general corporate purposes.
All purchases will be made by OVBC between February 16, 2008 and February 15,
2009, unless OVBC's Board of Directors extends the program.
Jeffrey E. Smith, president and chief executive officer, commented, "This
authorization by our Board will permit the purchase of shares, when available,
to meet the demand for the Dividend Reinvestment Program."
Ohio Valley Banc Corp. has three subsidiaries: Ohio Valley Bank with 16
offices in Ohio and West Virginia, Loan Central with five offices in Ohio, and
Ohio Valley Financial Services based in Jackson, Ohio. Ohio Valley Banc Corp.
stock is traded on the NASDAQ Global Market under the symbol OVBC. The
company's Web site is www.ovbc.com.
Contact: Richard Scott or Bryna Butler, (740) 446-2631, 1-800-468-6682
SOURCE Ohio Valley Banc Corp.

Richard Scott, or Bryna Butler, +1-740-446-2631, +1-800-468-6682, both of Ohio
Valley Banc Corp.