26.04.2007 – 08:01

Andritz AG

Andritz: Share split to be carried out as of May 3, 2007

Graz (euro adhoc) -

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shares

Graz, April 26, 2007.  The split of Andritz
shares in a ratio of 1:4 will be carried out on the Vienna Stock 
Exchange on May 3, 2007, at the beginning of trade.  The resolution 
of the Annual General Meeting of Shareholders of Andritz AG held on 
March 29, 2007, relating to the split of the shares, has been 
registered in the Companies Register.  The number of shares is 
thereby quadrupled, from 13,000,000 to 52,000,000 no par value 
shares.  Also on May 3, 2007, at the beginning of trade, the price of
the Andritz share will be converted by the Vienna Stock Exchange to 
one fourth of the previous day’s quotation.

All shareholders whose shares are in a bank deposit will 
automatically be credited with an additional three shares per share 
in the deposit on May 3, 2007 and do not have to take any measures.  
The share split is carried out free of costs.

Shareholders owning actual Andritz shares will receive three 
additional shares for one share by submitting the jacket.  They are 
requested to submit the jackets to their bankers or to Erste Bank der
oesterreichischen Sparkassen AG, A-1010 Vienna, Graben 21, during 
normal office hours, starting on May 3, 2007. If actual papers are 
needed to be delivered to shareholders, these will, as far as 
possible, be made available from the existing stock of share 
certificates. Delivery of the additional shares will be free of 
charge.

With this split of shares, Andritz intends to facilitate the 
tradeability of its shares and to increase their attractiveness, 
especially for retail investors.

As reported previously, the Annual General Meeting of Shareholders 
held on March 29, 2007, adopted a resolution in conjunction with the 
share split to adjust the capital stock from the company’s own funds 
without issuing new shares.  The capital stock was increased by EUR 
9,490,000 ? from EUR 94,510,000 to EUR 104,000,000.  Therefore, a 
portion in the capital stock of 2.00 Euros per share is reached after
the share split.

- End -

About Andritz Publicly listed Andritz Group is a global market leader
for advanced production systems for the pulp and paper, steel and 
other specialized industries.  Andritz has about 10,000 employees 
worldwide.  It develops and makes its high-tech systems at 35 
production sites in Austria, Germany, Finland, Denmark, France, 
Netherlands, USA, Canada, and China.

end of announcement                               euro adhoc 26.04.2007 08:00:00

Further inquiry note:

Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing

Original content of: Andritz AG, transmitted by news aktuell