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Andritz AG Annual General Meeting approves increase of dividend payment

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  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
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Graz (euro adhoc) - Graz, March 27, 2008. Today´s 101st Annual General Meeting of Shareholders of Andritz AG agreed to a dividend payment of 1.00 Euro per share for the 2007 business year. This corresponds to an increase of approximately 33% in comparison with 2006 (0.75 Euro per share). Ex dividend date is March 31, 2008, the date of payment April 4, 2008.

Christian Nowotny who has been a Member of the Andritz Supervisory Board since 1999, was reappointed as Member of the Supervisory Board.

All items on the agenda were approved by the shareholders present at the Meeting.

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For further information please contact: Dr. Michael Buchbauer, Head of Corporate Communications Phone: +43 316/6902-2979 michael.buchbauer@andritz.com

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
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Further inquiry note:

Dr. Michael Buchbauer
Head of Corporate Communications
Phone: +43 316/6902-2979
michael.buchbauer@andritz.com

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

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