euro adhoc: Lenzing AG / Financial Figures/Balance Sheet / Lenzing Group: Dynamic growth and record result for the first quarter of 2007 (E)

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18.05.2007

Strong organic growth of the core business cellulose fibers, important
acquisitions at Lenzing Plastics and the very good development of business
operations characterized the first quarter of 2007.

Consolidated sales of the Group rose by 13.8% to EUR 297.2 mill. (2006: EUR
261.2 mill.). The increase in sales was mainly the result of further production
increases in core business fibers. EBIT for the quarter improved by 42.5% to a
new record level of EUR 32.5 mill. (2006: EUR 22.8 mill.). Financial income and
expense improved to minus EUR 2.2 mill. (2006: EUR minus 3.2 mill.) Net income
increased by 62.4% to EUR 23.0 mill (2006: EUR 14.1 mill). This corresponds to
earnings per share of EUR 5.78 for the quarter (2006: EUR 3.31).

The EBIT margin was 11.0% (2006: 8.8%) and the EBITDA margin 16.5% (2006:
14.8%).

The staff of the Lenzing Group at the end of the quarter was 5,288 (31 December
2006: 5,044). The increase is mainly due to the start-up of production at the
new viscose fiber production plant in Nanjing (China).

Strong fiber business sustains sales and results

The strong demand for viscose fibers benefited Business Unit Textile Fibers as
well as Business Unit Nonwoven Fibers. Lenzing used the favorable market
development to further improve its product mix in favor of high-quality fiber
specialities and to implement price increases. All production plants are
running at full capacity. Orders are booked for weeks in advance.

Lenzing Plastics placed a new emphasis on growth with the acquisition of the
German Hahl Group GmbH (first consolidation as of 1 April 2007) and with its
entry into the carbon fiber business. Segment Engineering was in line with the
good results of the previous quarters. Operating results of Segment Paper
remain unsatisfactory.

Outlook

The positive market environment is expected to continue in the second quarter
of 2007. Uncertainty in the market could be caused by trade policy discussions
in the USA on undue subsidies for the Chinese textile industry, the continuing
weakness of the US dollar towards the euro, and the high US cotton stock.

Lenzing will continue to grow in 2007 and will achieve quarterly results in
line with last year's, provided the current favorable economic conditions
persist.

|Key Group figures (IFRS) in EUR mill. |1-3/ |1-3/ |
| |2007 |2006 |
|Consolidated sales |297.2 |261.2 |
|EBITDA |49.1 |38.6 |
|EBIT |32.5 |22.8 |
|EBT |30.3 |19.6 |
|Net income |23.0 |14.1 |
|Gross cash flow |46.6 |29.3 |
|Investments (according to cashflow |61.2 |13.7 |
|statement) | | |
| |31/3/ |31/12/|
| |2007 | |
| | |2006 |
|Equity |537.1 |516.0 |
|Staff |5,288 |5,044 |

Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-96301
mailto:[email protected]

end of announcement euro adhoc 18.05.2007 07:09:51
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emitter: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: [email protected]
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI
stockmarkets: free trade: Börse Berlin-Bremen, official dealing: Wiener Börse AG
language: English

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