Andritz AG

EANS-News: ANDRITZ: Publication of a resolution by the Annual General Meeting

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Annual & Special Corporate Meetings

ANDRITZ AG, Stattegger Strasse 18, 8045 Graz (hereinafter referred to as 
"the company") hereby announces, pursuant to § 82 (9) BörseG (Austrian Stock 
Exchange Act) and to § 2 (1) and § 3 (1) of the Austrian Publication Ordinance 
2002, that the 109th Annual General Meeting of the company on March 30, 2016 
passed the following resolutions:

1. "Pursuant to § 65 (1) line 8 AktG (Austrian Stock Corporation Act), the 
   Executive Board is given authorization for a period of 30 months from 
   April 1, 2016 to buy back treasury shares of the company to the maximum 
   extent permitted by law and to possibly cancel these company shares with 
   approval from the Supervisory Board without having to submit the matter 
   to the Annual General Meeting of Shareholders again. Any trading in treasury 
   shares for the purpose of profit-making is expressly excluded. The 
   authorization can be exercised for the full or a partial amount, or also 
   in several installments, and in pursuit of one or several goals by the 
   company, its affiliated companies, or by third parties on their behalf.

2. The lowest price per no-par value share must not be less than the 
   respective amount represented by each share in the capital stock. 
   The highest price paid per share upon buy-back must not exceed the average, 
   unweighted closing price on the Vienna Stock Exchange over the 10 trading 
   days preceding exercise of this authorization by more than 10 percent.

3. This resolution, as well as the buy-back program based thereon and any 
   resale program, are to be published, also stating their respective 
   durations.

4. The Executive Board is given authorization for a period of five years as 
   from the date of adopting the resolution to decide, with approval from 
   the Supervisory Board, on alienating treasury partially or entirely in a 
   way other than by sale via the stock exchange or by public offer, thereby 
   also excluding public purchase (exclusion of subscription rights), if such 
   alienation of treasury shares (i) serves to provide shares for a stock 
   option program benefitting senior executives and Executive Board members 
   or (ii) serves as a consideration in the acquisition of companies, 
   businesses, business units, or shares in companies. The authorization can 
   be exercised for the full or a partial amount, or also in several 
   installments, and in pursuit of one or several goals."

Pursuant to § 82 (10) BörseG, this announcement takes the place of the 
publication pursuant to § 65 (1a), sentence 2, AktG.

Graz, March 2016
The Executive Board

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

end of announcement                               euro adhoc 
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company:     Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
mail:     welcome@andritz.com
WWW:      www.andritz.com
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English
 



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