04.06.2004 – 14:49

Lenzing AG

euro adhoc: Lenzing AG
Annual & Special Corporate Meetings / Regular Shareholders‘ Meeting Approves Dividend of EUR 6.00 per Share Veit Sorger (Frantschach AG) Joins Lenzing Supervisory Board (E)

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

Today‘s Regular Shareholders‘ Meeting of Lenzing AG resolved to
distribute a dividend of EUR 6.00 per share for fiscal 2003 (EUR 4.00
for 2002). The value date for the dividend distribution is 15 June
2004, the date for quotation ex dividend is 8 June 2004.

In the course of the elections to the Supervisory Board, Walter
Lederer, whose term has expired, was re-elected.  Veit Sorger,
General Manager of  the international paper and packaging company
Frantschach AG, was newly elected to the Supervisory Board.

In the constitutional meeting of the new Supervisory Board which took
place after the Shareholders‘ Meeting, Karl Schmutzer was again
elected Chairman of the Supervisory Board. Walter Lederer is once
more his deputy.

end of announcement        euro adhoc 04.06.2004

Further inquiry note:

Angelika Guldt

Branche: Chemicals
ISIN: AT0000644505
WKN: 064450
Index: WBI
Börsen: Wiener Börse AG / official dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Baden-Württembergische Wertpapierbörse / free trade