The invention concerns a hydraulic valve arrangement with a supply connection arrangement, which has a high-pressure connection (P) and a low-pressure connection (T), a working connection arrangement, which has two working connections (A, B), which can be connected with a consumer, a directional valve and a compensation valve arranged between the directional valve and the supply connection arrangement, the pressure outlet of the compensation valve being connected with a pressure inlet of the directional valve. It is endeavoured to avoid dangerous situations, which occur because of uncontrolled pressures. For this purpose, it is ensured that the compensation valve has a relief outlet, which can be connected with the pressure outlet.