Austrian Airlines

euro adhoc: Austrian Airlines AG
other
Extended deadline for presentation of bank guarantee

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13.05.2008

According  to  contractual  agreements,  Austrian  Airlines  have   agreed  on  a deadline for the presentation of a bank  guarantee  by JJW  Central  &  Eastern Europe Beteiligungsverwaltungs GmbH, the SPV of  Sheikh  Mohamed  Bin  Issa  Al Jaber, as at 12 May 2008.

Since the  bank  guarantee  has  not  been  procured  until  close   of  business yesterday, Austrian Airlines have set  an  extended   deadline  expiring  21  May 2008. Among other things the  investor   claimed  in  several  letters  malicious misleading; a legal appeal would be necessary was not  made.  Austrian  Airlines resolutely rejects these allegations and assumes valid contracts.

Rückfragehinweis: Dr. Prisca Havranek-Kosicek, Investor Relations,   Austrian  Airlines  AG,  Tel.: +43 (0)5 1766 - 13311,  Fax:  +43   (0)5  1766  13899,  e-mail:  prisca.havranek- kosicek@austrian.com

Die Angaben  zur  Offenlegung  gemäß  §§  24  und  25  Mediengesetz   sind  unter www.austrian.com auffindbar / Please find  further   information  concerning  the disclosure according to §§ 24 and 25 Media Act on www.austrian.com

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ots Originaltext: Austrian Airlines
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Corporate Communications:
Livia Dandrea-Böhm
Tel.: 051766-11231

Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 13311

Branche: Air Transport
ISIN:      AT0000620158
WKN:        875224
Index:    WBI, ATX Prime
Börsen:  Wiener Börse AG / official market



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