euro adhoc: voestalpine AG / Capital measures / voestalpine resolves to increase registered capital by 2% in order to further expand employee shareholding scheme

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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C.E.O. Interviews

26.02.2009

Subject to the approval of the Supervisory Board, voestalpine AG's
Management Board resolved on February 25, 2009 to exercise its power
to increase the Company´s registered capital in accordance with § 4
(2) (b) of its Articles of Association by issuing 3,300,000 new
bearer shares at no par value, thus increasing the registered capital
by approximately 2%. The issue price was fixed at EUR 13.08 per
share. The issue price of the shares corresponds to the closing
weighted average market price of the voestalpine share over the 5
trading days prior to the resolution of Management Board adopted on
February 25, 2009.

The purpose of issuing the new shares is to further expand and
safeguard voestalpine´s employee shareholding scheme. The
subscription rights of all other shareholders are thus being
excluded, and shares may be acquired only by voestalpine
Mitarbeiterbeteiligung Privatstiftung, which shall hold the shares in
trust for the employees participating in the voestalpine employee
shareholding scheme.

Upon completion of the capital increase, the company's capital stock
will be EUR 305,042,462.76 and consist of 167,899,032 individual
shares. The capital increase is scheduled to take place at the end of
March 2009.

As early as 2000, voestalpine has launched an employee shareholding
scheme which has subsequently been expanded continually. As of
February 25, 2009 voestalpine Mitarbeiterbeteiligung Privatstiftung
held 10.79% of voestalpine AG's capital. With the capital increase
this share will rise to 12.54%.

This ad-hoc notice constitutes neither an offer for sale nor an
invitation to submit an offer to purchase voestalpine AG securities.
As the new shares are not being offered for public subscription but
rather are being offered for subscription exclusively to the
voestalpine Mitarbeiterbeteiligung Privatstiftung holding the shares
in trust for the employees participating in the voestalpine
shareholding scheme, and as the increase in capital stock amounts to
less than 10% of all issued and listed voestalpine shares, no
prospectus is required to be issued pursuant to the Austrian Capital
Market Act [Kapitalmarktgesetz] or the Austrian Stock Exchange Act
[Börsegesetz].

Further details as to the publication is available on
www.voestalpine.com or please contact the Investor Relations Team of
voestalpine AG under +43/50304/15-9949 for any further details.

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

Further inquiry note:

DI Peter Fleischer

Head of Investor Relations

Tel.: +43/50304/15-9949

Fax: +43/50304/55-5581

mailto:peter.fleischer@voestalpine.com

http://www.voestalpine.com

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official market