Andritz AG Annual General Meeting approves increase of dividend paymentToday’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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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.