ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.

annual report

01.06.2010

- 2009/10 toughest and most difficult business year for decades. - 
Revenue of EUR 8.6 billion 27% below previous year´s level. - All 
reporting categories clearly positive - EBITDA EUR 1,004 million, 
profit for the period EUR 187 million. - Q4 EBIT of EUR 177 million 5
times higher than Q4 2008/09. - Free cash flow for the first time 
above EUR 1 billion. - Gearing ratio reduced from 88 % to 71 %. - 
Proposed dividend: EUR 0,50 per share (previous year: EUR 1,05). - 
Outlook: Higher earnings despite economic uncertainties.

Key figures of voestalpine Group

(acc. IFRS; in EURm)*         BY 2008/09 BY 2009/10 Change
                              1.4.08 -   1.4.09 -   in %
                              31.3.09    31.3.10
Revenue                       11,724.9   8,550.0    -27.1
EBITDA                        1,710.1    1,004.3    -41.3
EBITDA margin in %            14.6 %     11.7 %
EBIT                          988.7      352.0      -64.4
EBIT margin in %              8.4 %      4.1 %
Profit for the period**       611.6      186.8      -69.5
EPS (in EUR)                  3.26       0.65
Employees (excl. apprentices) 41,915     39,406     -6.0

* According to IFRS all results after Purchase Price Allocation (PPA)
** Before minority interest and hybrid capital interest

For details of the 2009/10 figures please see our homepage www.voestalpine.com
or contact our Investor Relations department +43/50304/15-9949.

end of announcement                               euro adhoc

Further inquiry note:

DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market