EANS-News: Lenzing AG / Friedrich Weninger to Step Down from the Management Board at the End of 2014

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Board of Directors (Appointments and Changes)

Vienna, September 25, 2014 - Friedrich Weninger, Chief Operating
Officer (COO) of Lenzing AG, will not extend his Management Board
contract which will expire on December 31, 2014. Weninger, who has
been working for the company for more than 25 years and recently
managed the company's global production facilities with its more than
6,000 employees, decided for personal reasons that he would not seek
a contract extension as a Member of the Management Board. However, he
will continue to serve as a consultant for the Lenzing Group in the
coming years and put his wealth of experience at the disposal of the
company.

"On behalf of the entire company, we would like to thank Friedrich
Weninger for his decades of committed work and his extraordinary
achievements as an employee and as a Management Board member of the
company", says Michael Junghans, Chairman of the Supervisory Board of
Lenzing AG. "Recently the company profited from his experience and
expertise as Chief Operating Officer, especially with respect to the
successful restructuring of the Group as well as the planning and
successful startup of the new TENCEL® plant in Lenzing. We are
pleased that Friedrich Weninger will continue to support the company
in an advisory capacity".

Starting at the beginning of the year 2015, the tasks previously
assigned to Mr. Weninger will be carried out by the remaining
Management Board members Peter Untersperger (CEO), Robert van de
Kerkhof (CCO) and Thomas Riegler (CFO).

Download Picture Friedrich Weninger (Copyright: Lenzing AG)
https://mediadb.lenzing.com/pindownload/login.do?pin=KQ3ZJ
PIN-Code: KQ3ZJ

Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-918-2713
mailto:a.guldt@lenzing.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: a.guldt@lenzing.com
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English