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.

Company Information

04.02.2010

• The shares of the minority shareholders are transferred to ÖLH
      Österreichische Luftverkehrs-Holding GmbH with effect as of
      4 February
    • Delisting expected soon

Vienna, 4 February 2010: The Vienna Commercial Court has registered 
with the commercial register the squeeze-out pursuant to the Austrian
Squeeze-Out Act, which has been resolved in the shareholders´ meeting
dated 16 December 2009, with effect as of today´s date. Therefore, as
of today´s date all shares held by the minority shareholders of 
Austrian Airlines AG have been transferred by operation of law to the
majority shareholder ÖLH Österreichische Luftverkehrs- Holding GmbH.

To the extent share certificates have been issued with respect to the
shares held by the minority shareholders, such share certificates as 
of 4 February 2010 certify merely the claim for cash compensation. 
With effect as of the registration of the squeeze-out on today´s date
the official trading, Segment Prime Market, of the shares listed at 
the Vienna Stock Exchange has been interrupted; a delisting of the 
shares of Austrian Airline AG (ISIN AT0000620158) is expected soon.

Owner, editor, distributor: Austrian Airlines AG, Corporate 
Communications,  public.relations@austrian.com. Further information 
concerning the disclosure pursuant to § 24 and § 25 Media Act is 
available at www.austrian.com.

end of announcement                               euro adhoc

Further inquiry note:

Austrian Airlines AG
Corporate Communications:
Martin Hehemann
Tel.: 05 1766-11231

Investor Relations:
Thomas Krammer
Tel.: 051766-13311

Branche: Air Transport
ISIN: AT0000620158
WKN: 875224
Index: WBI, Prime Market
Börsen: Wien / official market