EANS-News: voestalpine AG /voestalpine Annual General Shareholders' Meeting approves dividend of one euro

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Annual & Special Corporate Meetings

- Dividend of one euro per share for the business year 2014/15
- Management Board authorized to repurchase own shares

Today, at the 23rd Annual General Shareholders' Meeting of
voestalpine AG, a dividend of one euro (after EUR 0.95 in the
previous year) for each dividend- bearing share was approved for the
business year 2014/15. The shareholders acted on the relevant
recommendation by the Management Board and the Supervisory Board. The
dividend shall be paid out starting on July 13, 2015 (ex-dividend
date is July 6, 2015).

The Annual General Shareholders' Meeting also authorized the
Management Board to repurchase its own shares to a maximum of 10
percent of voestalpine AG share capital. This is fundamentally a
renewal of the repurchase authorization issued in 2013 for purposes
including extending the employee shareholding scheme and for any
convertible bonds. The repurchase authorization is valid for 30
months. In this regard the Management Board of voestalpine AG was
also authorized to repurchase its own shares to a maximum of 10
percent of voestalpine AG share capital, and consequently to reduce
the share capital by this amount.

The voestalpine AG employee shareholding scheme is regarded worldwide
as a best practice model. After the most recent increase in share
capital in April of this year, as of June 2015 the voestalpine
Mitarbeiterbeteiligung Privatstiftung, a private foundation which
pools and manages the voting rights of 24,200 employees, holds a 14.8
percent stake in the company.This represents a value of around one
billion euros. As a result, its employees are the Group's second-
largest shareholders.

In general, the voestalpine Group can look back on a uniquely
successful story, one which commenced with the start of privatisation
in 1995 (a process completed in 2005 with the 100 percent withdrawal
of the state from our ownership structure) and which can also be
expressed in dividend performance: Since its listing on the stock
exchange in 1995, voestalpine AG has paid out a total of EUR 2.2
billion in dividends to its shareholders. The average dividend yield
is 3.8 percent.

The voestalpine Group

The voestalpine Group is a steel-based technology and capital goods
group that operates worldwide. With around 500 Group companies and
locations in more than 50 countries and on all five continents, the
Group has been listed on the Vienna Stock Exchange since 1995. With
its top-quality products, the Group is one of the leading partners to
the automotive and consumer goods industries in Europe and to the oil
and gas industries worldwide. The voestalpine Group is also the world
market leader in turnout technology, special rails, tool steel, and
special sections. In the business year 2014/15, the voestalpine Group
reported revenue of EUR 11.2 billion and an operating result (EBITDA)
of EUR 1.5 billion; it had around 47,500 employees worldwide.

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

end of announcement euro adhoc
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company: voestalpine AG
voestalpine-Straße 1
A-4020 Linz
phone: +43 50304/15-9949
FAX: +43 50304/55-5581
mail: IR@voestalpine.com
WWW: www.voestalpine.com
sector: Metal Goods & Engineering
ISIN: AT0000937503
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English