ANDRITZ AG Annual General Meeting approves substantial dividend increase

Today’s 104th Annual General Meeting of Shareholders of ANDRITZ AG agreed to a dividend payment of 1.70 Euros per share for the 2010 business year, which is an increase of 70% compared to the dividend for the 2009 business year (1.00 Euro per share). Ex-dividend date is March 31, 2011, the date of dividend payment April 4, 2011.

Klaus Ritter, who has been a member of the ANDRITZ AG Supervisory Board since 2004, was reappointed to the Supervisory Board of ANDRITZ AG.

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 Group Treasury, Corporate Communications & Investor Relations
Phone: +43 (316) 6902 2979

The ANDRITZ GROUP is a globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel). The Group is headquartered in Graz, Austria, and has a staff of approximately 14,700 employees worldwide. ANDRITZ operates over 120 production sites, service and sales companies all around the world.


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