EANS-News: ANDRITZ AG Annual General Meeting approves significant dividend increase to 1.35 euros per share

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.

Company Information

Graz, March 30, 2016. At today's 109th Annual General Meeting of ANDRITZ AG, the shareholders agreed to raise the dividend to 1.35 euros per share for the 2015 business year. This is an increase of 35% compared to the previous year (2014 business year: 1.00 euros). The ex-dividend date is April 1, 2016, and the date of dividend payment is April 5, 2016.

Jürgen Fechter and Alexander Isola were newly elected to the Supervisory Board for the maximum period stipulated in the Articles of Association (i.e. until the end of the Annual General Meeting that will decide on the discharge for 2020).

All items on the agenda were approved by the shareholders present at the Meeting.

- End -

Press release available for download This press release is available for download at www.andritz.com/news.

The ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of approximately 24,500 employees. ANDRITZ operates over 250 sites worldwide.

end of announcement euro adhoc

company: Andritz AG Stattegger Straße 18 A-8045 Graz phone: +43 (0)316 6902-0 FAX: +43 (0)316 6902-415 mail: welcome@andritz.com WWW: www.andritz.com sector: Machine Manufacturing ISIN: AT0000730007

indexes: WBI, ATX Prime, ATX, ATX five

stockmarkets: official market: Wien language: English

Digital press kit: http://www.ots.at/pressemappe/2900/aom

Rückfragen & Kontakt:

Dr. Michael Buchbauer

Head of Group Finance, Corporate Communications & Investor Relations

Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
michael.buchbauer@andritz.com

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE0002