EANS-News: Lenzing AG / Lenzing Ordinary Shareholders' Meeting resolves to distribute a dividend of EUR 1.00 per share

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Annual & Special Corporate Meetings

This year's Ordinary Shareholders' Meeting of Lenzing AG resolved to
distribute a dividend of EUR 1.00 per share for the 2014 financial
year, compared to EUR 1.75 per share for the previous year. The
dividend payment is scheduled to take place on April 29, 2015, with
April 27, 2015 set as the ex-dividend day.

Furthermore, Felix Strohbichler, prospective Managing Director of B&C
Industrieholding, was elected to the Supervisory Board by the
Ordinary Shareholders' Meeting for the first time. The Supervisory
Board mandates of Helmut Bernkopf, Josef Krenner, Astrid
Skala-Kuhmann and Veit Sorger were extended for a further term of
office ending at the Ordinary Shareholders' Meeting in 2019.

Accordingly, the Supervisory Board of Lenzing AG now consists of
Hanno Bästlein, Felix Strohbichler, Helmut Bernkopf, Franz
Gasselsberger, Josef Krenner, Patrick Prügger, Astrid Skala-Kuhmann
and Veit Sorger. Michael Junghans, former chairman of the Supervisory
Board, resigned from his position on the Supervisory Board effective
at the end of today's Ordinary Shareholders' Meeting.

The Ordinary Shareholders' Meeting held today also adopted a
resolution discharging the members of the Management Board and
Supervisory Board for the 2014 financial year. In addition, the
Ordinary Shareholders' Meeting resolved upon the remuneration of the
Supervisory Board members for the 2014 financial year. Deloitte Audit
Wirtschaftsprüfungsgesellschaft mbH, Vienna, was appointed once again
to serve as the auditor of the annual and consolidated financial
statements for the 2015 financial year.

In addition, the Management Board was authorized, contingent upon the
formal approval of the Supervisory Board, to increase the nominal
capital of the company by up EUR 13,778,412 against cash and/or
contributions in kind by issuing up to 13,274,000 individual share
certificates. The Management Board was also given authorization,
contingent upon the formal approval of the Supervisory Board, to
issue, with in a period of five years, convertible bonds granting
subscription or conversion rights for up to 13,274,000 shares. The
subsequent constituent meeting of the new Supervisory Board elected
Hanno Bästlein to serve as the Chairman of the Supervisory Board,
whereas Felix Strohbichler and Veit Sorger were elected to serve as
the Deputy Chairmen.

Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-918-2713
mailto:a.guldt@lenzing.com

end of announcement euro adhoc
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company: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: a.guldt@lenzing.com
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English