euro adhoc: Austrian Airlines AG / Capital measures / Capital increase concluded with emission volume of around EUR 17.4 million

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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16.09.2008

Al Jaber fails to participate in capital increase

Following expiry of the purchase deadline of the rights offer in
Austria of up to 57,120,000 new unit shares made out in the name
of the holder, Austrian Airlines AG is announcing the conclusion
of its capital increase.

Result of the ordinary capital increase - overview

Number of shares before the capital increase: 85,680,000 Extent of
capital increase: 2,454,724 new unit shares made out in the name of
the holder Number of shares after the capital increase: 88,134,724
Emission volume: Around EUR 17.4 million (before emission costs and
before price discount on first 1,000 shares for existing
shareholders) Listing of new shares on Vienna Stock Exchange: 22
September 2008 Issued share capital (old): EUR 257,040,000 Increase
by: EUR 7,364,172 Issued share capital (new): EUR 264,404,172

The Board of Management decided on 16 September 2008, with the
consent of the Supervisory Board, to increase its issued share
capital by EUR 7,364,172 from its current nominal amount of EUR
257,040,000 EUR to EUR 264,404,172 by issuing 2,454,724 new unit
shares made out in the name of the holder. As a result, all
existing shareholders who exercised their purchase rights receive
the young shares.

JJW Central & Eastern Europe Beteiligungsverwaltungs GmbH, the
company of Mr Al Jaber, failed to comply with the demand for payment
within the deadline set of 15 September 2008. By carrying out the
purchase offer, Austrian Airlines AG has fulfilled all the
contractual obligations necessary for the assertion of its claims
towards Mr Al Jaber. As a listed company, Austrian Airlines AG
is required to maintain the claims of its shareholders. Therefore the
company will now consistently take the next steps necessary.

Disclaimer: This adhoc-release constitutes neither an offer to
sell nor a solicitation to buy any securities. This adhoc-release
is not being issued in the United States of America (USA) and
must not be distributed to "U.S. persons" (as defined in
Regulation S of the U.S. Securities Act of 1933, as amended) or
publications with a general circulation in the USA. This adhoc-
release does not constitute an offer or invitation to purchase any
securities in the USA. The securities of Austrian Airlines
Aktiengesellschaft have not been registered under the Securities
Act and may not be offered, sold or delivered within the USA
or to U.S. persons absent from registration under or an applicable
exemption from the registration requirements of the United States
securities laws.

Please find further information concerning the disclosure according
to §§ 24 and 25 Media Act on www.austrian.com

end of announcement euro adhoc
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ots Originaltext: Austrian Airlines
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Corporate Communications:

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
Börsen: Wiener Börse AG / official market