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ots Ad hoc-Service: Lenzing AG <AT0000644505> PRELIMINARY RESULTS OF THE LENZING GROUP 2000 - THE RECORD YEAR

Lenzing/Austria (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
The Lenzing Group
experienced an excellent development in the year 2000. Earnings
before taxes and minority interest (EBT) went up from EUR 4 mill. for
the previous year to EUR 65 mill., which is the best result obtained
by the company in the course of its existence. For the EBITDA, a plus
of 75% was achieved; it amounts to EUR 107 mill., which is an
excellent development. Consolidated sales rose from EUR 550 mill. to
EUR 664 mill. (+21%). The equity ratio is now 37% (previously: 32%). 
   The outlook is very positive. From today's perspective, the
Lenzing Group is expecting another good business year for 2001.
Preliminary Results 2000 of the Lenzing Group according to US
GAAP, on a Group basis, in EUR mill. (1999):
Sales: 664 (550) Earnings before taxes and minority interest
(EBT): 65 (4) EBIT: 67 (9) EBITDA: 107 (61) ROCE in %: 15 (1) Equity
ratio in %: 37 (32) Net gearing in %: 44 (50)
End of Message 
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