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18.02.2008 – 08:01

Andritz AG

euro adhoc: Andritz AG
Successful placement of Andritz corporate bond

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.


Graz/Vienna, 18 February 2008. Andritz AG has today successfully concluded the issue of a public corporate bond with a volume of 150 million Euros and a tenor of seven years. At a denomination of 50,000 Euros the Andritz corporate bond is endowed with an annual fixed coupon rate of 5.25%. Admission to the Vienna Stock Exchange was applied for. The Andritz corporate bond is expected to be quoted in the Third Market on the Vienna Stock Exchange for the first time on 20 February 2008.

Raiffeisen Zentralbank Österreich AG (RZB) has acted as the lead manager supporting Andritz in this placement. The corporate bond has been placed with institutional investors and banks.

Continuation of long-term growth "The strong growth that Andritz has experienced over the past few years has been founded on a solid balance structure with a good equity base and sufficiently high net liquidity. The corporate bond which we have successfully issued today supersedes the Andritz corporate bond 2002-2008 (total volume 100 MEUR) that will mature in June 2008 and forms a substantial financial basis for the future development of our company," explains Andritz AG CEO Wolfgang Leitner.

Impressive investment story "Andritz is positioned very well and its investment story in a difficult capital market environment is most impressive," says Patrick Butler, Member of the Board of Management of RZB responsible for Investment Banking und Treasury, about the successful placement.

The corporate bond issued by Andritz was the first issue on the Corporate Bond Market in 2008.

Key data of the Andritz corporate bond:

Issuer: Andritz AG Volume issued: Nominal value EUR 150,000,000.- Denomination: Nominal value EUR 50,000.- Coupon: 5.25 % p.a., fixed rate, payable annually Issue price: 99.84 Tenor: 7 years (due on maturity) Value date: 20th February 2008 Redemption: 20th February 2015 at the nominal value Lead Manager: Raiffeisen Zentralbank Österreich AG Paying office: Raiffeisen Zentralbank Österreich AG Trading: Third Market on the Vienna Stock Exchange ISIN: AT0000A08RK1

Remarks regarding the information provided in this press release:

The information provided is exclusively destined for persons whose residence and abode are in Austria. It is especially not destined for persons whose residence and/or abode are in the United States of America (USA) or the United Kingdom (UK). No responsibility is taken for the information contained in this press release, which, in particular, does not constitute investment counseling. A prospectus has been published in respect of the public offer. Solely the information contained in the prospectus, which is available free of charge from the issuer and the underwriting banks, is binding.

The information contained in this press release is not intended for disclosure in, to, and within the USA. The information does not constitute an offer for the purchase of securities in the USA. In the USA, securities may be sold or offered for sale only after having been registered or, if not registered, on the basis of a statutory exemption. The issuer does NOT plan to register its offer or part thereof in the USA or to make a public offering of shares in the USA.

This information is intended for persons outside the United Kingdom (relevant persons) only. Any invitation to make an offer, any offer and any contract for subscription, purchase or other acquisition of the securities is addressed to and will be concluded only with relevant persons and specific other persons. Any non-relevant person should not act on the basis of this information or place reliance in the information contained herein.

For further information please contact:

Andritz AG Dr. Michael Buchbauer Head of Corporate Communications Stattegger Strasse 18 A-8045 Graz Tel.: +43 316 6902 2979 Fax +43 316 6902 465

Raiffeisen Zentralbank Österreich AG Wilfried Peter Stöckl Public Relations Am Stadtpark 9 A-1030 Wien Tel.: +43-1-71707-1959 Fax: +43-1-71707-761959

The Andritz Group The Andritz Group is a global market leader in the supply of customized plants, systems, and services for the pulp and paper industry, the hydropower industry, the steel industry, and other specialized industries (solid/liquid separation, feed, and biofuel). Headquartered in Graz, Austria, the Group has about 12,000 employees worldwide. It manufactures and sells its products and services globally.

end of announcement                               euro adhoc

Further inquiry note:

Dr. Michael Buchbaer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing

Original content of: Andritz AG, transmitted by news aktuell