29.03.2007 – 15:16

Andritz AG

Andritz AG Annual General Meeting approves increase of dividend payment and split of shares

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shares

Today’s 100th Annual General Meeting of
Shareholders of Andritz AG agreed to a dividend payment of 3.00 Euros
per share for the 2006 business year.  This corresponds to a 50% 
increase in comparison with 2005 (2.00 Euros per share).  Ex dividend
date is April 2, 2007, the date of payment April 6, 2007.

The Annual General Meeting also agreed to the share split (ratio: 
1:4) announced at the press conference held on the occasion of the 
presentation of the Financial Statements.  The conversion day for the
price of the split shares at the Vienna Stock Exchange ("ex day") was
fixed for May 3, 2007.

All items on the agenda were approved by the shareholders present at 
the Meeting.

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 29.03.2007 15:15:00

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