Andritz AG — M&A Activity 2010

Dec 3, 2010

EANS-Adhoc: ANDRITZ: approval for acquisition of AE&E GmbH & Co KG

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

Graz, December 3, 2010. International technology Group ANDRITZ has agreed with the authorities responsible for the insolvency proceedings on the acquisition of AE&E Austria GmbH & Co KG. The ANDRITZ tender offer to A-TEC was approved on December 2, 2010 in the evening. ANDRITZ will finance a bailout plan in coordination with the responsible financial rehabilitation body of AE&E Austria GmbH & Co KG in order to stabilize the company. The parties agreed not to disclose the purchase price.

With approximately 350 employees in Graz and Vienna the acquired company has annual sales of approximately 200-300 MEUR. With this purchase, ANDRITZ strengthens and complements its product range in its PULP & PAPER and ENVIRONMENT & PROCESS business areas.

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The ANDRITZ GROUP The ANDRITZ GROUP is a globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel). The Group is headquartered in Graz, Austria, and has a staff of approximately 14,300 employees worldwide. ANDRITZ operates over 120 production sites, service, and sales companies all around the world.

Further inquiry note: Dr. Michael Buchbauer Head of Group Treasury, Corporate Communications & Investor Relations Tel.: +43 316 6902 2979 Fax: +43 316 6902 465 mailto:michael.buchbauer@andritz.com issuer: 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 stockmarkets: official market: Wien language: English

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