LetQQbe a central simple algebra finite-dimensional over its centerFFand letVVbe a valuation ring ofFF. ThenVVhas an extension toQQ, i.e., there exists a Dubrovin valuation ringBBofQQsatisfyingV=F∩BV= F \cap B. Generally, the number of extensions ofVVtoQQis not finite and therefore the so-called intersection property of Dubrovin valuation ringsB1,…,Bn{B_1}, \ldots ,{B_n}is introduced. This property is defined in terms of the prime ideals and the valuation overrings of the intersectionB1∩⋯∩Bn{B_1} \cap \cdots \; \cap {B_n}. It is shown that there exists a uniquely determined natural numbernndepending only onVVand having the following property: IfB1,…,Bk{B_1}, \ldots ,{B_k}are extensions ofVVhaving the intersection property thenk≤nk \leq nandk=nk= nholds if and only ifB1∩⋯∩Bk{B_1} \cap \cdots \cap {B_k}is integral overVV. Letnnbe the extension number ofVVtoQQ. There exist extensionsB1,⋯,Bn{B_1}, \cdots ,{B_n}ofVVhaving the intersection property and ifR1,…,Rn{R_1}, \ldots ,{R_n}are also extensions ofVVhaving the intersection property thenB1∩⋯∩Bn{B_1} \cap \cdots \cap {B_n}andR1∩⋯∩Rn{R_1} \cap \cdots \cap {R_n}are conjugate. The main result regarding the extension number is the Defektsatz:[Q:F]=fB(Q/F)eB(Q/F)n2pd[Q:F]= {f_B}(Q/F){e_B}(Q/F){n^2}{p^d}, wherefB(Q/F){f_B}(Q/F)is the residue degree,eB(Q/F){e_B}(Q/F)the ramification index,nnthe extension number,p=char(V/J(V))p = \operatorname {char}(V/J(V)), anddda natural number.