Andritz with new Executive Board team for the Pulp and Paper Business Area from 2007

•Karl Hornhofer and Humbert Koefler to succeed Bernhard Rebernik and Markku Hanninen •Focus on Capital Equipment and Service

Graz (euro adhoc) -

ots-CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

Graz, 9 October, 2006. The Supervisory Board of Andritz AG
approved changes in the Managing Board of Andritz AG. After 15 years on the Board, Bernhard Rebernik will - on reaching the age of 65 - resign from the Managing Board effective end of March 2007 and move into retirement. With expiration of his mandate in December 2006, Markku Hanninen - on the Board since 2002 - will also resign as member of the Andritz Managing Board and become Member of the Supervisory Board of the Finish subsidiary Andritz Oy. Bernhard Rebernik and Markku Hanninen have contributed extraordinarily to the favorable development of Pulp and Paper, Andritz Group’s largest Business Area.

Karl Hornhofer and Humbert Koefler, who have served as Andritz Divisional Managers for many years, were appointed new members of the Andritz Managing Board from January respectively April 2007.

Focus on Capital Equipment and Service
In order to continuously better fulfill the expectations of Andritz’s customers the Pulp and Paper Business Area will be organized into two segments: Capital Equipment (responsibility: Karl Hornhofer) and Service (responsibility: Humbert Koefler). The goal is to further improve coordination between different product groups and benefit from opportunities in local service markets.

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Professional careers of Karl Hornhofer and Humbert Köfler:

Karl Hornhofer, who has been a member of the successful Andritz team for many years, is currently heading the Pulp & Paper Machines Division (Pulp Drying Lines, Tissue Machines) of the Pulp and Paper Business Area. After having joined the Pulp Technology Division in 1996, he has played a major role in the successful development of the sheet drying product group. Mr. Hornhofer has contributed to several important product innovations, and in 2006 took over responsibility also for the Tissue Machines Division.

Humbert Koefler joined the Andritz Group in 1987. Since 2005, he has been responsible for the Paper Mill Services Division. Prior to this function he successfully managed the Mechanical Pulping Systems Division and developed it into one of the world’s leading suppliers of mechanical pulping systems for the Pulp & Paper industries and fiber systems for the production of MDF boards.

For further information please contact:
Dr. Michael Buchbauer, Corporate Communications
T: +43 316 6902-2979

About Andritz
Publicly listed Andritz Group is a global market leader for advanced production systems for pulp and paper, steel and other specialized industries. Andritz has about 9,500 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.

* please note the retention period *

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

end of announcement euro adhoc

emitter: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX
stockmarkets: official dealing: Wiener Börse AG
sector: Machine Manufacturing
language: English