Andritz: Share split to be carried out as of May 3, 2007

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shares

Graz (euro adhoc) - Graz, April 26, 2007. The split of Andritz
shares in a ratio of 1:4 will be carried out on the Vienna Stock
Exchange on May 3, 2007, at the beginning of trade. The resolution
of the Annual General Meeting of Shareholders of Andritz AG held on
March 29, 2007, relating to the split of the shares, has been
registered in the Companies Register. The number of shares is
thereby quadrupled, from 13,000,000 to 52,000,000 no par value
shares. Also on May 3, 2007, at the beginning of trade, the price of
the Andritz share will be converted by the Vienna Stock Exchange to
one fourth of the previous day’s quotation.

All shareholders whose shares are in a bank deposit will
automatically be credited with an additional three shares per share
in the deposit on May 3, 2007 and do not have to take any measures.
The share split is carried out free of costs.

Shareholders owning actual Andritz shares will receive three
additional shares for one share by submitting the jacket. They are
requested to submit the jackets to their bankers or to Erste Bank der
oesterreichischen Sparkassen AG, A-1010 Vienna, Graben 21, during
normal office hours, starting on May 3, 2007. If actual papers are
needed to be delivered to shareholders, these will, as far as
possible, be made available from the existing stock of share
certificates. Delivery of the additional shares will be free of
charge.

With this split of shares, Andritz intends to facilitate the
tradeability of its shares and to increase their attractiveness,
especially for retail investors.

As reported previously, the Annual General Meeting of Shareholders
held on March 29, 2007, adopted a resolution in conjunction with the
share split to adjust the capital stock from the company’s own funds
without issuing new shares. The capital stock was increased by EUR
9,490,000 ? from EUR 94,510,000 to EUR 104,000,000. Therefore, a
portion in the capital stock of 2.00 Euros per share is reached after
the share split.

- End -

About Andritz Publicly listed Andritz Group is a global market leader
for advanced production systems for the pulp and paper, steel and
other specialized industries. Andritz has about 10,000 employees
worldwide. It develops and makes its high-tech systems at 35
production sites in Austria, Germany, Finland, Denmark, France,
Netherlands, USA, Canada, and China.

end of announcement euro adhoc 26.04.2007 08:00:00
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ots Originaltext: Andritz AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing


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