EANS-General Meeting: Lenzing AG / Invitation to the General Meeting

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General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Lenzing AG
Based in Lenzing
ISIN: AT 0000644505

Invitation

to the

66th regular shareholders' meeting of our company

at the Voecklabruck chamber of commerce, Robert-Kunz-Straße 9, A-4840
Vöcklabruck, Austria on Friday, 30 April 2010 at 11:00 CET

Agenda: - Presentation of the financial statements and the management
and corporate governance reports, the consolidated financial
statements and management report, all as at 31 December 2009, as well
as the report of the supervisory board for business year 2009. -
Resolution on the distribution of the balance sheet profit as shown
in the financial statement for business year 2009 - Resolution on the
discharge of the management board and the supervisory board for
business year 2009 - Elections to the supervisory board - Appointment
of the auditor of the consolidated statements for business year 2010
- Resolution on the amendments to the articles of incorporation in
particular for adaptation to the amendment to the Austrian Stock
Corporation Act (ARÄG) of 2009

Shareholder access to documents and records for examination according
to section 108 paragraph 3 to 5 of the Austrian Stock Corporation Act
(section 106 Z 4 Austrian Stock Corporation Act)

The following documents and records will be held available for
examination by shareholders during regular business hours from the
21st day before the general shareholders' meeting, that is 9 April
2010, at the offices of the company (Lenzing AG, Werkstrasse 2, 4860
Lenzing, Austria): - Financial statements and management report -
Corporate governance report - Consolidated financial statements and
management report - Report of the supervisory board

each for business year 2009;

- Proposals to agenda items 2 to 6 - Statements of the candidates for
the election to the supervisory board according to section 87
paragraph 2 of the Austrian Stock Corporation Act

Information according to section 108 paragraph 4 of the Austrian
Stock Corporation Act is available at www.lenzing.com Regular
Shareholders' Meeting 2010 as are forms for granting and revoking
power of attorney according to section 114 of the Austrian Stock
Corporation.

Note on shareholders' rights according to section 109, 110 and 118 of
the Austrian Stock Corporation Act (section 106 Z 5 Austrian Stock
Corporation Act)

According to section 109 of the Austrian Stock Corporation Act
shareholders holding more than five percent of nominal capital are
entitled to demand in written form that items be added to the agenda
of the regular shareholders' meeting and that they be published
accordingly. Each submitted item requires a proposal and statement of
grounds. The proposers are required to have been shareholders for at
least three months before the date of proposal. The demand must reach
the company by the 21st day, that is 9 April 2010, before the regular
shareholders' meeting.

According to section 110 of the Austrian Stock Corporation Act
shareholders holding more than five percent of nominal capital are
entitled to submit proposals for resolution to any item of the agenda
in text form (section 13 paragraph 2 of the Austrian Stock
Corporation Act). They are, moreover, entitled to demand that these
proposals, together with the names of the respective shareholders,
the reasons provided and the comments of management board or
supervisory board, are made available on the website of the company.
For consideration the demand must reach the company by the seventh
work day before the regular shareholders' meeting latest, that is 21
April 2010. In case of a proposal for election to the supervisory
board the statement of grounds is replaced by a statement of the
proposed candidate according to section 87 paragraph 2 of the
Austrian Stock Corporation Act.

According to section 118 of the Austrian Stock Corporation Act
shareholders are to be provided with information on matters of the
company, insofar it is required for proper appreciation of an agenda
item. This duty of information includes legal and business
relationships to associated companies, the situation of the group, as
well as the companies included in the scope of consolidation.

Disclosure of information may be refused if, after reasoned
entrepreneurial consideration, considerable harm would be caused to
the company or any its associates, or if its disclosure would be
liable to prosecution. Moreover, disclosure may be refused if the
website of the company has provided generally accessible information
in the form of questions and answers for seven days before the
regular shareholders' meeting without interruption. We ask you to
submit questions whose answers may require some time to prepare in
writing and in good time before the regular shareholders' meeting
convenes.

Shareholders' rights pending the possession of shares for a specified
period of time can only be executed if proof of share property for
the relevant period has been provided according to section 10a
paragraph of the Austrian Stock Corporation Act in the form of a list
of shares held on account in safe custody for deposited shares, or
for non-deposited shares by a notary public registered in Austria.

Please visit www.lenzing.com at Regular Shareholders' Meeting 2010.
for more information on shareholders' rights and in particular on
sections 109, 110 and 118 of the Austrian Stock Corporation Act.

Please submit amendments to the agenda, proposal for resolution and
questions by mail (Lenzing AG, 4860 Lenzing), by fax (+43 (0)
7672/918-2713) or by e-mail (Hauptversammlung_2010@lenzing.com)
attention Angelika Guldt.

Deadline for proof of share property and requirements for
participation in the regular shareholders' meeting according to
section 111 of the Austrian Stock Corporation Act (section 106 Z 6
and 7 Austrian Stock Corporation Act)

Due to the amendment to the Austrian Stock Corporation Act of 2009
some of the company's articles of incorporation are no longer
applicable. These are article 14 on convening the regular
shareholders' meeting and article 15 on depositing shares
participation and voting rights. According to section 111 paragraph 1
of the Austrian Stock Corporation Act the right to participation is
determined by the possession of shares at the end of the tenth day
before the day of the regular shareholders meeting (deadline for
proof of share property), that is 20 April 2010, 24:00 hours (CET).
Shareholders wishing to participate in the regular shareholders'
meeting and to exercise their shareholders' rights are required to
provide proof of share property to the company by the specified
deadline.

Proof of share property at the deadline is provided for deposited
shares in the form of a list of shares held on account in safe
custody according to section 10a of the Austrian Stock Corporation
Act which is required to reach the company by the third work day
before the regular shareholders' meeting, that is 27 April 2010. The
list of shares held on account in safe custody is to be issued by a
custodian bank registered in a country of the European Economic Area
or a full member state of the OECD. It must at least meet the
requirements detailed in section 10a paragraph 2 of the Austrian
Stock Corporation Act. If it is to provide proof of current share
property it must not be older than seven days at the date of
presentation to the company. Documentation is accepted in German and
English.

For non-deposited shares proof of share property is provided in the
form of certification by a notary public registered in Austria which
is required to reach the company by the third work day before the
regular shareholders' meeting latest.

Proof of share property must reach the company by the third work day
before the regular shareholders' meeting latest, that is 27 April
2010 by mail (Oesterreichische Kontrollbank AG, Abteilung KMS / HV
Operation Center 1, Strauchgasse 1-3, 1. Stock, 1010 Wien), by fax
(43 (0) 1 928 90 60) or by e-mail (hv.anmeldung-1@oekb.at).

According to section 262 paragraph 20 of the Austrian Stock
Corporation Act the company specifies that according to section 114
paragraph 1 clause 4 of the Austrian Stock Corporation Act and
contrary to section 10a paragraph 3 clause 2 of the Austrian Stock
Corporation Act proof of share property and statements will not be
received by a internationally common and specially secure
communication networks of banking (for example SWIFT) which would
allow unique identification of participants.

Appointment of representatives according to section 113 f of the
Austrian Stock Corporation Act (section 106 Z 8 Austrian Stock
Corporation Act)

Shareholders entitled to participation in the general shareholders
assembly have the right to appoint natural or legal persons as
representatives. The company itself or a member of the management
board or supervisory board may only exercise voting rights as a
representative insofar as the shareholder has explicitly detailed
voting instructions regarding the individual items of the agenda.
(The power of attorney must be granted to a specific person). A power
of attorney in text form is adequate. If a shareholder has granted
power of attorney to their custodian bank (section 10a of the
Austrian Stock Corporation Act) a statement, in addition to proof of
share property, issued by the custodian bank, that power of attorney
has been granted is adequate.

Forms for power of attorney (including limited power of attorney) are
available at www.lenzing.com under Regular Shareholders Meeting 2010.

The power of attorney must reach the company by 29 April 2010, 15:00
hours CET by mail (Oesterreichische Kontrollbank AG, Abteilung KMS /
HV Operation Center 1, Strauchgasse 1-3, 1. Stock, 1010 Wien), by fax
(+43 (0) 1 928 90 60) oder by e-mail (hv.anmeldung-1@oekb.at) and
will be kept by the company.

On the day of the regular shareholders' meeting the power of attorney
or its revocation may only be submitted on the day of the regular
shareholders' meeting and only at the registration counter at the
venue. Revocation will only become effective on having reached the
company.

Shareholders and representatives are asked to verify their identity
by presenting valid documentation (drivers license, passport,
identity card). We ask you to allow for numerous participants and
standard security measures in your personal schedule.

According to section 262 paragraph 20 of the Austrian Stock
Corporation Act the company specifies that according to section 114
paragraph 1 clause 4 of the Austrian Stock Corporation Act and
contrary to section 10a paragraph 3 clause 2 of the Austrian Stock
Corporation Act proof of share property and statements will not be
received by a internationally common and specially secure
communication networks of banking which would allow unique
identification of participants.

The above regulation for granting power of attorney in turn apply the
revocation of power of attorney.

Total number of shares and voting rights at the time of convening
(section 106 Z 9 Austrian Stock Corporation Act ): 3.675.000 shares
and as many voting rights.

Doors to the regular shareholders' meeting will open at 10:45 CET.

Lenzing, April 2010
Board of Management

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

Further inquiry note:

Lenzing AG

Mag. Angelika Guldt

Tel.: +43 (0) 7672-701-2713

Fax: +43 (0) 07672-96301

mailto:a.guldt@lenzing.com

Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Berlin / free trade
Wien / official dealing