euro adhoc: Austrian Airlines AG / Board of Directors (Appointments and Changes) / New members appointed to Board of Management at Austrian Airlines AG

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

10.12.2007

Dr. Andreas Bierwirth to become Chief Commercial Officer (CCO) from 1
April 2008

Dr. Peter Malanik to become Chief Operations Officer (COO) from 1
January 2008

At today's ordinary Supervisory Board meeting of Austrian
Airlines AG, the proposal of the Nomination Committee was accepted
when the Supervisory Board appointed Dr. Peter Malanik as Chief
Operations Officer (COO) with effect from 1 January 2008, and Dr.
Andreas Bierwirth as Chief Commercial Officer (CCO) from 1 April
2008.

The President of the Supervisory Board, Dr. Peter Michaelis, made the
following statement on the decision: "Having implemented a
rapid and professional application and selection procedure, we can
present two top managers with wide- ranging experience in the field
and international backgrounds. Dr. Bierwirth and Dr. Malanik
convinced us impressively that they would implement future-
oriented and targeted strategies in their respective scopes of
responsibility. For me, the appointment of one internal and one
external candidate provides the ideal mix of continuity and fresh
thinking needed. I am convinced that the four- member Board of
Management in its new form will be better equipped to meet the
challenges of the industry and lead an independent Austrian
Airlines into a successful future."

Rückfragehinweis: Österreichische Industrieholding AG: Dr.
Elisabeth Leeb, Dresdner Strasse 87, 1201 Wien, Tel.: +43/1/711
14-240, Mobil: +43/664/13 40 333, elisabeth.leeb@oiag.at,
www.oiag.at.

Die Angaben zur Offenlegung gemäß §§ 24 und 25 Mediengesetz
sind unter www.austrian.com auffindbar / Please find further
information concerning the disclosure according to §§ 24 and 25
Media Act on www.austrian.com

end of announcement euro adhoc 10.12.2007 13:02:52
--------------------------------------------------------------------------------

ots Originaltext: Austrian Airlines
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Konzernkommunikation:
Livia Dandrea-Böhm
Tel.: 051766-11231

Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 13311

Branche: Air Transport
ISIN: AT0000620158
WKN: 875224
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official market