EANS-General Meeting: Schoeller-Bleckmann Oilfield Equipment 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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SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft
Ternitz, FN 102999w (the "Company ") Homepage: www.sbo.at
Fax no.: +43 +2630 315501

I N V I T A T I O N

We herewith invite our shareholders to the

Annual General Meeting

to be held on Wednesday, 27 April 2016 at 10:00 a.m.
in 2630 Ternitz, Theodor-Körner-Platz 2, ("Stadthalle")

with the following Agenda:

1) Submission of the approved Annual Financial Statements according
to the Austrian Commercial Code (UGB) including the Notes and
Management Report, the Corporate Governance Report, the Consolidated
Financial Statements according to IFRS including the Notes thereto
and the Group Management Report, the Executive Board's Proposal on
the appropriation of the retained profit, in each case in relation to
the fiscal year ended 31 December 2015, and submission of the Report
of the Supervisory Board for the fiscal year 2015.

2) Resolution on the appropriation of the retained profit as set out
in the Annual Financial Statements for the fiscal year ended 31
December 2015.

3) Resolution on the discharge of the members of the Executive Board
for the fiscal year 2015.

4) Resolution on the discharge of the members of the Supervisory
Board for the fiscal year 2015.

5)
Election of the auditors of the Annual Financial Statements and the Consolidated
Financial Statements for the fiscal year 2016.

6)

Resolution on the remuneration of the members of the Supervisory
Board pursuant to Section 13 (4) of the Articles of Association.

7)
Elections to the Supervisory Board.

8) a) Resolution regarding the revocation of the authorization
granted to the Executive Board at the Annual General Meeting on 23
April 2014 to reacquire treasury shares pursuant to Sections 65 (1)
(no 8) and (1a) and (1b) of the Austrian Stock Corporation Act
(AktG).

b) the authorization of the Executive Board to acquire, within a
period of 30 months commencing from the day of adoption of the
resolution, treasury shares of the Company pursuant to Sections 65
(1) (no 8) and (1a) and (1b) of the Austrian Stock Corporation Act
(AktG), up to a maximum of 10% of the issued share capital of the
Company, fixation of the minimum and maximum price pursuant to
Section 65 (1) (no 8) of the Austrian Stock Corporation Act (AktG) as
well as to determine the terms and conditions of such re-acquisition.

c) the authorization of the Executive Board to cancel treasury shares
pursuant to Section 65 (1) (no 8) of the Austrian Stock Corporation
Act (AktG) without any further resolution of the General Meeting
being required, and adopt amendments to the Articles of Association
arising from the cancellation of shares, or to dispose of treasury
shares again and to determine the terms and conditions of such
disposal. The acquisition of treasury shares for purposes of trading
is not admissible pursuant to Section 65 (1) (no 8) of the Austrian
Stock Corporation Act (AktG).

d) Resolution on the revocation of the authorization granted by the
Annual General Meeting on 25 April 2012 pursuant to Article 65 (1b)
of the Austrian Stock Corporation Act (AktG) for a period of five
years, subject to the approval of the Supervisory Board, to dispose
of treasury shares by other means than via the stock exchange or a
public offering and to exclude the option to repurchase respectively
the subscription rights of the shareholders; and simultaneously to
resolve on the authorization of the Executive Board pursuant to
Article 65 (1b) of the Austrian Stock Corporation Act (AktG), subject
to the approval of the Supervisory Board, to dispose of treasury
shares by other means than via the stock exchange or a public
offering and to exclude the option to repurchase of the shareholders.

Right to attend and record date (Section 106 (6) and (7) Stock
Corporation Act (AktG)): The right to attend the Annual General
Meeting and to exercise shareholder rights which have to be asserted
at the Annual General Meeting, pursuant to Section 111 (1) and (2)
AktG, depend on the ownership of shares at the end of the 10th day
before the date of the Annual General Meeting (record date), and,
accordingly, on the ownership of shares on 17 April 2016, 12:00 p.m.
midnight. Attendance of the Annual General Meeting is permitted only
if a person is a shareholder on that record date and proves this fact
to the Company. Such evidence (deposit confirmation) must be received
by the Company pursuant to Section 10a Stock Corporation Act (AktG),
no later than 22 April 2016, exclusively at one of the addresses
below:

By post: Schoeller-Bleckmann
Oilfield Equipment AG
Hauptstraße 2
2630 Ternitz or

By telefax +43 (0)1 8900 500 65

By e-mail: anmeldung.sbo@hauptversammlung.at (as an attached scan, in tif
or pdf format, etc.)

Via SWIFT: GIBAATWGGMS

Message Type MT 598; reference to ISIN AT0000946652 must be included

The deposit confirmation must be issued by the custodian bank which
must be registered in a member state of the European Economic Area or
in a full OECD member state. Furthermore, it must contain the
information set forth in Section 10a (2) AktG and refer to the above
record date. Deposit confirmations are accepted in the German or
English language only.

Representation by proxies (Section 106 (8) AktG): Each shareholder
entitled to attend the Annual General Meeting has the right to
appoint a natural or legal person as proxy (Sections 113, 114 AktG).
Such proxy attends the Annual General Meeting on behalf of the
shareholder and has the same rights as the shareholder he/she
represents. The Company itself, a member of the Executive Board or
the Supervisory Board may exercise voting rights as proxy only to the
extent the shareholder has issued an explicit voting instruction on
the individual items on the Agenda. The proxy must be granted to a
specific person. The proxy must be issued in writing pursuant to
Section 13 (2) AktG; its revocation must also be made in writing. The
proxy and/or its revocation must be sent to and retained by the
Company. Proxies may be submitted to the Company no later than on 26
April 2016, 4:00 p.m. to 2630 Ternitz, Hauptstraße 2, by telefax (+43
(0)1 8900 500 65) or by e-mail: anmeldung.sbo@hauptversammlung.at .
Otherwise, shareholders are kindly requested to present their proxies
and/or revocations to the registration desk of the Annual General
Meeting at its venue. For the appointment of a proxy and its
revocation, the proxy form made available by the Company for its
shareholders on the Company's website (www.sbo.at) must be used
(Section 114 (3) AktG). If requested, proxy forms can also be sent to
shareholders by post.

If a shareholder has granted a proxy to his/her custodian bank, it is
sufficient for the credit institution to declare that it was granted
proxy, in addition to issuing the deposit confirmation.

Information on shareholder rights (Section 106 (5) AktG):
Shareholders whose individual or aggregate shareholdings reach at
least five percent of the Company's share capital may, pursuant to
Section 109 AktG, request in writing that items be added to the
Agenda of the Annual General Meeting and that they are announced.
Each item that is requested to be added to the Agenda must be
accompanied by a resolution proposal including a statement of the
reasons for this request. Applicants must have held shares for at
least three months prior to submitting the request. The shareholder's
request must be received by the Company by the 21st day prior to the
Annual General Meeting, that is no later than on 6 April 2016, and
addressed to 2630 Ternitz, Hauptstraße 2.

Furthermore, shareholders whose individual or aggregate shareholdings
reach one percent of the Company's share capital may, pursuant to
Section 110 AktG, submit to the Company written proposals for
resolution on any item of the Agenda and request that such proposals
be made available on the Company's website together with the names of
the respective shareholders, the (mandatory) statement of reasons,
and the statements, if any, of the Executive Board or the Supervisory
Board. If proposals are made on the election of a member to the
Supervisory Board, the statement of reasons is replaced by a
statement of the suggested candidate, pursuant to Section 87 (2)
AktG. This request is considered valid if received by the Company no
later than on the seventh working day prior to the Annual General
Meeting, that is no later than on 18 April 2016, addressed to 2630
Ternitz, Haupt¬straße 2, or by telefax to +43 (0)2630 315501.

On request, each shareholder is entitled to obtain information about
matters concerning the Company at the Annual General Meeting to the
extent that this is necessary to properly assess the items on the
Agenda (Section 118 AktG).

Shareholder rights linked to ownership of shares during a certain
period of time can be exercised only if the shareholder status in the
relevant period is proved by submitting a deposit confirmation
pursuant to Section 10a AktG. When presented to the Company, the
deposit confirmation may not be older than seven days.

Extensive information on the above shareholder rights pursuant to
Sections 109, 110, 118 and 119 AktG is available on the Company's
website (www.sbo.at).

Total number of shares and voting rights at the time of convocation
(Section 106 (9) AktG): Pursuant to Section 83 (2) (no 1) Stock
Exchange Act (BörseG) and Section 106 (9) AktG we announce that at
the date of the convocation to the Annual General Meeting the share
capital of the company is EUR 16,000,000.00, which is divided into
16,000,000 bearer shares with a nominal of EUR 1.00 each. Each bearer
share confers the right to one vote. At the date of the convocation
(reference date: 29 March 2016), the Company holds 18.000 treasury
shares, for which the right to vote cannot be exercised pursuant to
Section 65 (5) AktG. Consequently, at the date of the convocation to
the Annual General Meeting, the number of participating and voting
shares totals 15,982,000 as of 29 March 2016.

In particular, the following information will be accessible through
the Company's website (www.sbo.at/Investor Relations/Annual General
Meeting) from 6 April 2016 and will also be available during the
Annual General Meeting:

- Annual Financial Statements according to Austrian Commercial Code
for the year ended 31 December 2015 including Notes and Management
Report; - Corporate Governance Report; - Consolidated Financial
Statements according to IFRS for the year ended 31 December 2015,
including the Notes thereto and the Group Management Report; -
Proposal for the appropriation of retained profit by the Executive
Board (item 2 on the Agenda); - Report of the Supervisory Board; -
Proposed resolutions on items 2 to 8 on the Agenda; - Report of the
Executive Board on item 8 on the Agenda - The candidates' statements
for election as members to the Supervisory Board pursuant to
Section 87 (2) AktG.

In order to ensure smooth admission, shareholders are kindly
requested to arrive on time before the Annual General Meeting starts.
The Company reserves the right to verify the identity of those
gathered for the Meeting. Should identity not be verifiable, we may
refuse entry. Participants are therefore requested to bring along an
official identity card with photograph (such as passport or driving
licence) to verify their identity. Admission for collecting voting
cards starts at 9:00 a.m.

Ternitz, March 2016

The Executive Board

Further inquiry note:
Mag. Andreas Böcskör BSc MSc
Head of Investor Relations SBO
Tel.: +43 2630 315-252
a.boecskoer@sbo.co.at

end of announcement euro adhoc
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issuer: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English