EANS-News: AMAG signed multiyear contract with Airbus

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Contracts

- Multiyear supply contract signed on July 15, 2016 in Toulouse -
Significant increase of business volume and extension of product
range - Delivery of aluminium plate, sheet and coil for all Airbus
aircraft programs

The contract includes a significant increase of business volume
commencing January 2017. The contract is the largest ever signed
between AMAG and Airbus.

"AMAG and Airbus have maintained a successful partnership since the
year 2005. This contract will significantly expand our business with
Airbus and strengthen our position as a valued supplier to the
aircraft industry. We are proud to serve Airbus with high quality
rolled products for some of the most advanced aircraft", said Helmut
Wieser, CEO of AMAG Austria Metall AG.

AMAG will supply aerospace certified aluminium flat rolled products
to Airbus mainly for the use in the aircraft structure and skin of
all aircraft families. Another focus is on fostering AMAG?s
involvement within Airbus? supply chain through common recycling
projects and initiatives to increase material efficiency.

With the new hot rolling mill complex in Ranshofen AMAG has increased
the production capacity and extended the portfolio of hot rolled
products to larger dimensions. Moreover AMAG recently started the
construction activities for the new cold rolling mill and additional
heat treatment and upgrading capacity.

"The new cold rolling mill, scheduled for start in 2017, will close
the gap in the portfolio of wide cold rolled strip and sheet and will
make AMAG a full range supplier. With our strategic growth program we
have created the base for the expansion of the business with Airbus
and for future growth with our customers", said AMAG CEO Helmut
Wieser.

Further inquiry note:
Investors contact:
Dipl.Kfm. Felix Demmelhuber
Head of Investor Relations
AMAG Austria Metall AG
Lamprechtshausenerstrasse 61
5282 Ranshofen, Austria
Tel.: +43 (0) 7722-801-2203
Email: investorrelations@amag.at

Press contact:
Dipl.Ing. Leopold Pöcksteiner
Head of Strategy, Communication, Marketing
AMAG Austria Metall AG
Lamprechtshausenerstrasse 61
5282 Ranshofen, Austria
Tel.: +43 (0) 7722-801-2205
Email: publicrelations@amag.at

end of announcement euro adhoc
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company: AMAG Austria Metall AG
Lamprechtshausenerstraße 61
A-5282 Ranshofen
phone: +43 7722 801 0
FAX: +43 7722 809 498
mail: investorrelations@amag.at
WWW: www.amag.at
sector: Metal Goods & Engineering
ISIN: AT00000AMAG3
indexes: WBI, ATX Prime, VÖNIX, ATX BI, ATX GP
stockmarkets: official market: Wien
language: English