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 Aktiengesellschaft
with headquarters in Lenzing
Commercial Register No. ("FN") 96499 k
ISIN: AT 0000644505

I n v i t a t i o n

to the

67th Ordinary Shareholders´ Meeting of our Company

to be held on Tuesday, March 29, 2011 at 11:30 hours in the
"Reitersaal" hall of Oesterreichische Kontrollbank AG, Strauchgasse
3, A-1010 Vienna.

Agenda:

1.Presentation of the adopted annual financial statements with
management report and corporate governance report, consolidated
financial statements with group management report, each as of
December 31, 2010, presentation of the proposal for the use of
profits, and of the report of the Supervisory Board on the business
year 2010

2.Adopting a resolution on the use of the net profit shown in the
2010 annual financial statements

3.Adopting a resolution on the formal approval of the actions of the
Management Board and Supervisory Board for the business year 2010

4.Election for the Supervisory Board

5.Election of the auditor of the annual financial statements and
consolidated financial statements for the business year 2011

Opportunity for shareholders to inspect records pursuant to Section
108 sub-sections 3 and 4 of the Stock Corporations Act ("AktG")
(Section 106 pt. 4 of the Stock Corporations Act)

The following documents and records will be available for inspection
by the shareholders at corporate headquarters (Lenzing AG,
Werkstrasse 2, 4860 Lenzing, Austria) during normal business hours
from the 21st day preceding the Shareholders´ Meeting, i.e. from
March 08, 2011:

? Annual financial statements with management report,
? Corporate governance report,
? Consolidated financial statements with group management report,
? Proposal for the use of profits
? Report of the Supervisory Board,

all the aforesaid for the business year 2010;

? Proposed resolutions on items 2 - 5 of the agenda
? Declaration of the candidate for the election to the Supervisory Board
pursuant to Section 87 sub-section 2 of the Stock Corporations Act.

The text of this invitation, the documents pursuant to Section 108
sub-section 3 of the Stock Corporations Act, as well as the forms for
granting and revoking proxy pursuant to Section 114 of the Stock
Corporations Act will be available on the Company website
www.lenzing.com under Shareholders´ Meeting 2011, also from March 08,
2011.

Information on shareholders´ rights pursuant to sections 109, 110 and
118 of the Stock Corporations Act (Section 106 pt. 5 of the Stock
Corporations Act)

Pursuant to Section 109 of the Stock Corporations Act shareholders
whose aggregate shareholding equals five percent or more of the
nominal capital may request in writing that additional items be put
on the agenda of the Shareholders´ Meeting and published. Each motion
for an item to be put on the agenda must be accompanied by a proposal
for a resolution with statement of reasons. Shareholders filing such
a motion must have held the shares for at least three months prior to
filing the motion. Any such request by shareholders must be received
by the Company no later than on the 21st day before the Shareholders´
Meeting, i.e. by March 08, 2011.

Pursuant to Section 110 of the Stock Corporations Act shareholders
whose aggregate shareholding equals one percent or more of the
nominal capital may propose draft resolutions in writing in text
format (Section 13, sub-section 2 of the Stock Corporations Act)
concerning any item on the agenda, and request that these be made
available on the Company website, together with the name of the
respective shareholders, a statement of reasons to be submitted with
the proposal, and any comments of the Management Board or Supervisory
Board. Requests of this kind will only be considered when received by
the Company no later than on the 7th working day before the
Shareholders´ Meeting, i.e. by March 18, 2011. In case of a proposal
for the election of a Supervisory Board member the statement of the
proposed person pursuant to Section 87 (2) of the Stock Corporations
Act shall be submitted in lieu of a statement of reasons.

Pursuant to Section 118 of the Stock Corporations Act, any
shareholder shall be provided with information on the Company´s
affairs upon request at the Shareholders´ Meeting to the extent that
such information is required for proper assessment of an item on the
agenda. This obligation to provide information shall also extend to
the legal and business relationships of the Company with affiliated
companies, the state of affairs of the group, and the companies
included in the consolidated financial statements.

The Company may deny providing information to the extent that
according to sound business judgment it might cause material damage
to the Company or any affiliated company or if providing such
information would constitute a punishable offense. Providing
information may also be denied when such information has been
continuously available on the Company website in the form of question
and answer for at least seven days prior to the beginning of the
Shareholders´ Meeting. We kindly ask you to send any questions
requiring extensive preparation of an answer to the Company in
writing in due time.

Any rights of shareholders subject to a specific holding period may
be exercised only when ownership of the shares during the relevant
period has been proven by submitting a deposit certificate pursuant
to Section 10a of the Stock Corporations Act or a written
certification issued by a Notary in case of non-deposited shares
(certificate of ownership). A deposit certificate used to prove
current ownership of shares must not be older than seven days when
submitted to the Company.

Further information on shareholders´ rights, in particular under
Sections 109, 110, and 118 of the Stock Corporations Act is also
available on the Company website www.lenzing.com under Shareholders´
Meeting 2011.

Any motions for putting additional items on the agenda, motions for
resolutions, and any questions shall be submitted to the Company by
mail or courier service (Lenzing AG, Werkstrasse 2 4860 Lenzing), by
fax (+43 (0) 7672/918-2713) or email
(Hauptversammlung_2011@lenzing.com) attn. Mag. Angelika Guldt.

Record date and conditions of attendance of the Shareholders´ Meeting
pursuant to Section 111 of the Stock Corporations Act (Section 106
points 6 and 7 of the Stock Corporations Act)

Pursuant to Section 111 sub-section 1 of the Stock Corporations Act
the right to attend a Shareholders´ Meeting and to exercise the
shareholders´ rights is determined by ownership of shares at the end
of the tenth day before the date of the Shareholders´ Meeting (Record
Date), consequently by share ownership on March 19, 2011 24:00 hours
(CET). Shareholders wishing to attend the Shareholders´ Meeting and
to exercise their shareholders´ rights must prove to the Company that
they are the shareholders at the Record Date.

In case of deposited bearer shares it shall be sufficient proof of
shareholding at the Record Date to submit a deposit certificate
pursuant to section 10a of the Stock Corporations Act. The deposit
certificate shall be issued by the depositary bank based in a member
state of the European Economic Area or in a full member state of the
OECD. The deposit certificate must contain at least the information
required according to Section 10a sub-section 2 of the Stock
Corporations Act. A deposit certificate used to prove current
ownership of shares must not be older than seven days when submitted
to the Company. Deposit certificates will be accepted in German and
English.

In case of non-deposited bearer shares it shall be sufficient proof
of share ownership to submit a written certification by a Notary
practicing in Austria (certificate of ownership).

Proof of share ownership at the Record Date in the form of a deposit
certificate or certificate of ownership shall be received by the
Company no later than on the third working day before the
Shareholders´ Meeting, i.e. by March 24, 2011, by mail or courier
service (Oesterreichische Kontrollbank AG, Department KMS / HV
Operation Center 1, Strauchgasse 1-3, 1st floor, 1010 Vienna), by fax
(+43 (0) 1 928 90 60) or email (hv.anmeldung-1@oekb.at).

Pursuant to Section 262 sub-section 20 of the Stock Corporations Act
the Company determines that notwithstanding section 10a sub-section
3, second sentence of the said Act it does not accept deposit
certificates via any internationally used and particularly secure
communications network of credit institutions (e.g. SWIFT) where
users can be clearly identified.

Appointment of a proxy pursuant to Sections 113 and subsequent
sections of the Stock Corporations Act (Section 106 pt. 8 of the said
Act)

Any shareholder entitled to attend the Shareholders´ Meeting shall be
entitled to appoint a natural or legal person as proxy. The proxy
will attend the Shareholders´ Meeting on behalf of the shareholder,
and will have the same rights as the shareholder represented. The
Company itself or a member of the Management Board or Supervisory
Board may exercise voting rights as a proxy only insofar as the
shareholder has explicitly provided detailed voting instructions
regarding the individual items of the agenda (The proxy must be
granted to a specific person). A power of attorney in text form shall
be sufficient in any case. If a shareholder has granted power of
attorney to the depositary bank (Section 10a of the Stock
Corporations Act) it shall be sufficient when in addition to
submitting the deposit certificate the bank makes a statement that it
has been granted power of attorney.

Forms for granting power of attorney which may also be used to grant
limited power of attorney are available on the Company website
www.lenzing.com under Shareholders´ Meeting 2011. The power of
attorney must be received by the Company by March 28, 2011, 15:00
hours by mail or courier service (Oesterreichische Kontrollbank AG,
Department KMS / HV Operation Center 1, Strauchgasse 1-3, 1st floor,
1010 Vienna, Austria), by fax (+43 (0) 1 928 90 60) or by email
(hv.anmeldung-1@oekb.at) and will be kept by the Company.

On the day of the Shareholders' Meeting the power of attorney or any
revocation of power of attorney may only be submitted upon
registration for the meeting at the venue of the meeting. The
aforementioned provisions on granting power of attorney shall apply
analogously to revocation of power of attorney. Any revocation shall
be valid only when received by the Company.

Pursuant to Section 262 sub-section 20 of the Stock Corporations Act
the Company determines that notwithstanding section 10a sub-section
3, second sentence of the said Act it does not accept declarations
under section 114, sub-section 1, fourth sentence of the said Act via
any internationally used and particularly secure communications
network of credit institutions where users can be clearly identified.

Total number of shares and voting rights at the date of calling the
Shareholders´ Meeting
(Section 106 pt. 9 of the Stock Corporations Act)

At the date of calling the Shareholders´ Meeting the nominal capital
of the Company is EUR 26,717,250.00 divided into 25,725,000 no-par
bearer shares. Each no-par share grants one vote.

Doors for the Shareholders´ Meeting will open on March 29, 2011, at
11:15 hours.

The shareholders and proxies are requested to show an identity
document with a photograph (passport, ID card, driver´s license) at
the entrance to the Shareholders´ Meeting. We kindly ask you to take
into account the high number of participants to be expected and the
usual safety precautions when planning the timing of your arrival.

Lenzing, March 2011
The Managing Board

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 market