Andritz AG — Major Shareholding Notification 2017

May 23, 2017

Publication Date: 23.05.2017 18:32 EANS-Voting Rights: Andritz AG / Publication of a participation notification according to art. 93 para. 2 Stock Exchange Act

Notification of voting rights transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

On May 19, 2017 ANDRITZ AG was informed that certain subsidiaries of FMR LLC, Wilmington, USA, as shown on the table below, have holdings in ANDRITZ AG, which is listed on the Vienna Stock Exchange. As of May 19, 2017 these subsidiaries held a total of 5.76% of ANDRITZ AG's share capital (104,000,000 shares).

Person subject to notification obligation:

• * Name: FMR LLC
• * City: Wilmington
• * Country: USA

Details to the stake-holdings as of May 19, 2017:

____________
	% of voting	% of voting		Total number of
				rights attached rights through Total of both voting rights
	to shares	financial/other	in %	of issuer
__ __ instruments __ ___
Resulting
situation on
the date on	5.76%	0.00%	5.76%	104,000,000
which threshold
was crossed /
_reached __ __ __ __
Position of
previous	5.01%	0.00%	5.01%
notification__ __ __ __ __

Notified details of the resulting situation:

	____________
Voting rights
attached to
				shares_ __ __ __ ___
	Number of		% of voting
				ISIN_Code___ voting_rights_ ______ _rights__ ___
AT0000730007	Direct	Indirect	Direct	Indirect
				__ (Sec_91_BörseG) (Sec_92_BörseG) (Sec_91_BörseG) (Sec_92_BörseG)
				__ ___ __5,988,526 ___ __5.76%
				SUBTOTAL ___ __5,988,526 ___ __5.76%

Information in relation to the person subject to the notification obligation: Full chain of controlled undertakings through which the voting rights and/or the financial/other instruments are effectively held starting with the ultimate controlling natural person or legal entity:

					___________
					Financial/
			Directly	Shares held	other	Total of both
	No.	Name			controlled directly (%) instruments	(%)
			by No.		held directly

				$($ $)$ $)$
$\mathbf{1}$	FMR_LLC_
	Fidelity
2	Management &	$\mathbf 1$
	Research
	Company
$\mathbf{3}$	FIAM_LLC_	$\overline{a}$	$0.24$ %		0.24%
	Fidelity
	Management &
$\overline{4}$	Research	$\overline{a}$	$0.14$ %		0.14%
	(Japan)
	Limited_
5	FMR Co.,	2	5.02%		5.02%
	$Inc.__$
	Fidelity
6	Management &	2
	Research
	$(U.K.)$ Inc.
	FMR
7	Investment	6	0.34%		0.34%
	Management
	(UK)_Limited
	Strategic
8	Advisers,	1	0.02%		$0.02$ %
	$Inc._$

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