EXHIBIT 99.1
PRESS RELEASE
2/27/2008
Contact: Scott Shockey or Bryna Butler, (740) 446-2631 or 1-800-468-6682



           OVBC Suspends Acceptance of Dividends and Contributions to
             Dividend Reinvestment and Employee Stock Purchase Plan

GALLIPOLIS,  Ohio- On February 26,  2008,  the Board of Directors of Ohio Valley
Banc  Corp.  [Nasdaq:OVBC]  (the  "Company")  determined  to  suspend  accepting
dividends and additional contributions under the Ohio Valley Banc Corp. Dividend
Reinvestment  and Employee  Stock Purchase Plan (the "Plan") and to suspend open
market  purchases of shares,  or the issuance of authorized but unissued shares,
under the Plan, until further notice. The suspension is necessary to ensure that
the  Plan  is  operated  in  compliance  with  certain  securities  registration
requirements.

     The  Company is no longer  eligible to offer  common  shares of the Company
under the Plan pursuant to the existing registration  statement on file with the
Securities  and  Exchange  Commission  due to a late  filing  of a form with the
Securities and Exchange  Commission  reporting a director's  retirement from the
Company's  Board of  Directors  in May  2007.  The  Board of  Directors  is also
considering  other changes to the  administration of the Plan. At this time, the
Company does not know whether it will resume accepting  contributions and making
investments  under the Plan before the normal May 2008  investment  period or at
any time thereafter.

     The suspension of the acceptance of contributions  and investments will not
affect  the  other  operations  of the  Plan.  No  action  is  required  by Plan
participants.

     During the last twelve months,  47,058 shares of the Company were purchased
on behalf of  participants  under the Plan  through open market  purchases,  and
1,052 shares were issued under the Plan from  authorized but unissued  shares of
the Company.

     This   communication   shall  not  constitute  an  offer  to  sell  or  the
solicitation of an offer to buy any  securities,  nor shall there be any sale of
securities in any  jurisdiction in which such offer,  solicitation or sale would
be unlawful prior to registration or  qualification  of the securities under the
securities  laws of any such  jurisdiction.  No offering of securities  shall be
made except by means of a prospectus  meeting the  requirements of Section 10 of
the Securities Act of 1933, as amended.