EANS-News: ANDRITZ: Publication of a resolution by the Annual General Meeting

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Annual & Special Corporate Meetings

ANDRITZ AG, Stattegger Strasse 18, 8045 Graz (hereinafter referred to
as "the company") hereby announces, pursuant to § 82 (9) BörseG
(Austrian Stock Exchange Act) and to § 2 (1) and § 3 (1) of the
Austrian Publication Ordinance 2002, that the 109th Annual General
Meeting of the company on March 30, 2016 passed the following
resolutions:

1. "Pursuant to § 65 (1) line 8 AktG (Austrian Stock Corporation
Act), the Executive Board is given authorization for a period of
30 months from April 1, 2016 to buy back treasury shares of the
company to the maximum extent permitted by law and to possibly
cancel these company shares with approval from the Supervisory
Board without having to submit the matter to the Annual General
Meeting of Shareholders again. Any trading in treasury shares for
the purpose of profit-making is expressly excluded. The
authorization can be exercised for the full or a partial amount, or
also in several installments, and in pursuit of one or several
goals by the company, its affiliated companies, or by third
parties on their behalf.

2. The lowest price per no-par value share must not be less than the
respective amount represented by each share in the capital stock.
The highest price paid per share upon buy-back must not exceed the
average, unweighted closing price on the Vienna Stock Exchange
over the 10 trading days preceding exercise of this authorization
by more than 10 percent.

3. This resolution, as well as the buy-back program based thereon and
any resale program, are to be published, also stating their
respective durations.

4. The Executive Board is given authorization for a period of five
years as from the date of adopting the resolution to decide, with
approval from the Supervisory Board, on alienating treasury
partially or entirely in a way other than by sale via the stock
exchange or by public offer, thereby also excluding public
purchase (exclusion of subscription rights), if such alienation of
treasury shares (i) serves to provide shares for a stock option
program benefitting senior executives and Executive Board members
or (ii) serves as a consideration in the acquisition of companies,
businesses, business units, or shares in companies. The authorization
can be exercised for the full or a partial amount, or also in
several installments, and in pursuit of one or several goals."

Pursuant to § 82 (10) BörseG, this announcement takes the place of
the publication pursuant to § 65 (1a), sentence 2, AktG.

Graz, March 2016
The Executive Board

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Finance, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English