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euro adhoc: Austrian Airlines AG
Management Changes
Supervisory Board decides to advertise two additional Board of Management positions

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
26.09.2007
In its meeting held  today,  the  Supervisory  Board  of  Austrian  
Airlines  AG reached a decision to advertise two new positions  on  
the  company's  Board  of Management in accordance with the Law on 
Staffing. Under the overall  leadership of CEO Alfred Ötsch and in 
addition to CFO Thomas Kleibl, the existing Board  of Management will
acquire two new members as a result of the change.
Working on the strength of recommendations made in an analysis  
carried  out  by the consultancy Directure, the Supervisory Board 
decided that Austrian  Airlines will be managed in future by a Board 
of Management consisting  of  four  people. Dr. Peter Michaelis, 
Chairman of the Supervisory  Board  of  Austrian  Airlines, made the 
following comment: "There are benefits of reuniting Technical  
Services and Operations under the overall management of just one 
person  -  the  COO.  In addition to this, we believe that  for  a  
service  provider  such  as  Austrian Airlines, it is both  sensible 
and  forward-looking  to  assign  the  field  of marketing and sales 
(Commercial) a separate member of the  Board  of  Management to cover
the market side of our business.  The  increasingly  aggressive  
market environment and ever more complex nature of the airline 
business  also  need  to be reflected in our management structure 
through their own member of the  Board. This will also create the 
best possible conditions for  ensuring  AUA  continues to function as
an independent company from its small domestic market."
As a result of the change, two additional Board of Management 
positions will  be advertised, for the Commercial  (CCO)  and  
Operations  (COO)  Divisions.  Human resources consultant Spencer 
Stuart has  been  commissioned  to  carry  out  the search for both 
new positions. Following expiry of the application  deadline  of four
weeks, the positions will both be filled as quickly as possible.
end of announcement                               euro adhoc 26.09.2007 18:06:04

Further inquiry note:

Konzernkommunikation:
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, ATX
Börsen: Wiener Börse AG / official market

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