Exhibit 99


FOR IMMEDIATE RELEASE
Contact:  Bryna Butler or Phyllis Wilcoxon
1-800-468-6682 or (740) 446-2631

           Ohio Valley Banc Corp. Announces Stock Repurchase Program

GALLIPOLIS,  OHIO  (June 16,  1999) --- Ohio  Valley  Banc  Corp.  ("OVBC")  was
authorized  by its  Board of  Directors  on June 15,  1999 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 on market conditions. 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 Stock
Purchase Plan as well as for other general corporate purposes.

James  L.  Dailey,  chairman  and  chief  executive  officer,   commented,  "Our
shareholders purchased more than 40,000 shares of common stock in 1998 under the
Dividend  Reinvestment  Plan (DRIP) and another  26,000 shares  already in 1999.
This  authorization  by our board will  permit  the  purchase  of  shares,  when
available,  to meet the demand for DRIP shares." All  purchases  will be made by
OVBC prior to February 15, 2000,  unless the program is extended by OVBC's Board
of  Directors.  On June 15,  1999,  OVBC had  3,531,341  shares of common  stock
outstanding.

Ohio Valley Banc Corp. operates three subsidiaries:  Ohio Valley Bank, soon with
17 offices in Ohio and  W.Va.;  Loan  Central,  with four  offices in Ohio;  and
Jackson Savings Bank of Jackson, Ohio. Ohio Valley Banc Corp. stock is traded on
NASDAQ under the symbol OVBC.