euro adhoc: Andritz AG / other / Andritz AG: Publication of the planned resale of purchased shares pursuant to Stock Exchange Act Article 82 para. 9 in conjunction with Publication Regulation 2002 Art

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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11.06.2008

The 98th Annual General Meeting of Shareholders of the Company held
on 30 March 2005 authorized the Company´s Executive Board to buy back
shares over a period of 18 months starting on 1 October 2005. This
authorization expired on 31 March 2007. The 100th Annual General
Meeting of Shareholders extended the Company´s Executive Board´s
authorization to buy back shares by a further 18 months starting on 1
April 2007 and up to 10% of the capital stock (taking the own shares
already purchased by the Company into account), amongst others for
the purpose mentioned in Corporation Act Article 65, para. 1, fig. 4.

The Company´s Executive Board decided - after integration of the
Company´s Supervisory Board - to make use of this authorization and
to purchase own shares under a share buyback program, amongst others
for the purpose mentioned in Corporation Act Article 65, para. 1,
fig. 4 (use of purchased shares for a share option program for
employees, Managers, Members of the Executive Board or the
Supervisory Board of the Company or an affiliate.) The decisions of
the Company´s Executive Board taken with integration of the Company´s
Supervisory Board and the buyback programs have been published
pursuant to the Stock Exchange Act Article 82 para. 8 in conjunction
with Publication Regulation Articles 4 and 5. The publications have
also been published in the Internet on the Company´s web site at
http://www.andritz.com, "share buyback program".

The 100th Annual General Meeting of Shareholders also expressly
authorized the Executive Board of the Company to re-sell purchased
own shares after integration of the Supervisory Board.

The report of the Supervisory Board concerning the planned resale of
own shares under the share option program for Managers and Members of
the Executive Board 2006 (in the following referred to as the "share
option program 2006") was published on 27 May 2008 and has from that
time on been available for inspection at the Company´s premises.

On 11 June 2008, the Executive Board decided to re-sell own shares in
order to service the share option program 2006. The Supervisory Board
approved this decision by the Executive Board on 11 June 2008 and
took an identical decision.

By way of the current publication, the decision of the Executive
Board, which the Supervisory Board has fully approved, and on the
basis of which it has taken an identical decision, and the planned
resale of own shares for servicing the share option program 2006 is
made known (Stock Exchange Act Article 82 para. 9, in conjunction
with the Publication Regulation Articles 4 and 5).

1. Day of the authorization resolution of the Annual General Meeting
of Shareholders for the buyback and resale: 29 March 2007.

2. Day and method of publication of the authorization resolution: 31
March 2007, pursuant to Stock Exchange Act Article 82, para. 8, in
the Official Gazette of Wiener Zeitung.

3. Beginning and expected end of the resale program: 17 June 2008
until 30 April 2010.

4. Type of shares to which the resale program relates: no-par value
shares of the Company, issued to bearer (uniform type of shares).

5. Planned volume of the resale of own shares, especially also the
percentage of the shares to be resold in the capital stock after the
share split entered in the Companies Register on 24 April 2007: up to
898,000 no-par value shares of the Company, issued to bearer, i.e.
approx. 1.73% of the Company´s capital stock.

6. Highest and lowest value to be achieved per share (subscription
price) after the share split entered in the Companies Register on 24
April 2007: EUR 31.67.

7. Type and purpose of the resale of own shares, especially whether
the resale is to be carried out via the Stock Exchange and/or outside
the Stock Exchange: The shares will be sold to option holders under
the share option program 2006. The resale is carried out outside the
Stock Exchange.

8. Effects, if any, of the resale program on the listing of the
shares of the Company: none.

9. Number and apportionment of the options granted under the share
option program 2006: Managers and Members of the Executive Board of
the Company were granted a total of 898,000 options, with each option
entitling the holder to purchase one no-par value share of the
Company issued to bearer. A total of 59 Managers and 5 Members of
the Executive Board participated in the share option program 2006.
Option rights were granted entitling Managers to buy 6,000, 10,000 or
20,000 shares of Andritz AG each (the number depending on the
management level), the Members of the Executive Board to buy 40,000
each, and the CEO to buy 50,000. No options were granted to employees
and (other) members of the Company´s boards under the share option
program 2006.

The Company will publish all further information in connection with
the resale of the shares under the share option program 2006 pursuant
to Publication Regulation Articles 6 and 7 on its Internet web site
at http://www.andritz.com.

The Executive Board,
Graz, 11 June 2008

end of announcement euro adhoc
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ots Originaltext: Andritz AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Dr. Michael Buchbauer

Head of Investor Relations

Tel.: +43 316 6902 2979

Fax: +43 316 6902 465

mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing