Andritz AG — Major Shareholding Notification 2020

Jan 7, 2020

Publication Date: 07.01.2020 18:03 EANS-Voting Rights: Andritz AG / Publication of a participation notification according to art. 135 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.

ANDRITZ AG was informed that certain subsidiaries of BlackRock, Inc., Wilmington, USA, as shown on the table below, have holdings in ANDRITZ AG, which is listed on the Vienna Stock Exchange. As of January 3, 2020 these subsidiaries held a total of 4.54% of ANDRITZ AG's share capital (104,000,000 shares).

Person subject to notification obligation:

• * Name: BlackRock, Inc.
• * City: Wilmington
• * Country: USA

Details to the stake-holdings as of January 3, 2020:

____________
	% 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	4.01%	0.53%	4.54%	104,000,000
which threshold
was crossed /
_reached __ __ __ __
Position of
previous	3.98%	0.36%	4.34%
notification__ __ __ __ __

Notified details of the resulting situation:

				____________
Voting rights
attached to
				shares_ __ __ ___ ____
	Number of		% of voting
				ISIN_Code__ voting_rights_ ______ _rights __
	Direct	Indirect	Direct	Indirect
				AT0000730007 (Sec 130 BörseG (Sec 133 BörseG (Sec 130 BörseG (Sec 133 BörseG
				___ 2018)__ _2018) __2018)_ 2018)___
				___ ___ _4,171,039 __ ___4.01%
				SUBTOTAL_ ___ _4,171,039 __ ___4.01%

			Financial / Other Instruments pursuant to sec. 131, para. 1, no. 1 BörseG
			2018_____________
						Number of voting
						rights that may
	Type of		Expiration	Exercise		be		% of voting

_____________________________________________________________________________

instrument	Date	Period	acquired if the	rights
			instrument is
			___ __ __ _exercised_ _______
			Securities_Lent __ __ _414,930 _____0.40%
			SUBTOTAL_ __ __ _414,930 _____0.40%

				___________
				Financial / Other Instruments pursuant to sec. 131, para. 1, no. 2 BörseG
				2018_____________
Type of	Expiration Exercise		Physical /	Number of	% of voting
instrument	Date	Period	Cash	voting rights	rights
				__ _ ___________ Settlement_ ____ _______
				CFD_ __ ___ _Cash __131,502 ______0.13%
				SUBTOTAL _ __ _ __131,502 ______0.13%

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
	_ _ __ ___ (%)__ _______
1	BlackRock,
	_ Inc.__ ___ ___ __ ____
	BlackRock
2	Holdco 2,	1
	_ Inc.__ ___ ___ __ ____
	BlackRock
3	Financial	2
	Management,
	_ Inc.__ ___ ___ __ ____
	BlackRock
4	International	3
	Holdings,
	_ Inc.__ ___ ___ __ ____
	BR Jersey
5	International	4
	_ HoldingsL.P. ___ ___ __ ____
	BlackRock
6	Australia	5
	Holdco Pty.
	_ Ltd.__ ___ ___ __ ____
	BlackRock
	Investment
7	Management	6
	(Australia)
	_ Limited __ ___ __ ____
8	Trident	1
	_ MergerLLC_ __ _ _ ____
	BlackRock
9	Investment	8
	Management
	_ LLC_ __ _ _ ____
	BlackRock
10	(Singapore)	5
	Holdco Pte.

	Ltd.
	BlackRock HK
11	Holdco	$10$
	Limited_
	BlackRock
	Asset
$12\,$	Management	11
	North Asia
	Limited_
	BlackRock Lux
13	Finco	11
	S.a.r.l.
	BlackRock
14	Japan	13
	Holdings_GK
	BlackRock
15	Japan Co.,	14
	Ltd.
	BlackRock
16	(Singapore)	10
	Limited_
$17$	BlackRock	5
	Holdco_3,_LLC
$18\,$	BlackRock	$17$
	Cayman_1_LP_
	BlackRock
19	Cayman West	18
	Bay Finco
	Limited_
	BlackRock
20	Cayman West	19
	Bay IV
	Limited_
21	BlackRock	20
	Group_Limited
	BlackRock
22	Finance	21
	Europe
	Limited_
	BlackRock
23	Investment	22
	Management
	(UK)Limited
	BlackRock
	Asset
24	Management	23
	Deutschland
	$AG$ —
	BlackRock
25	International	21
	Limited_
	BlackRock
26	(Netherlands)	22
	B.V.
	BlackRock
27	Advisors (UK)	22
	Limited_
	BlackRock
28	Capital	$\mathsf{3}$
	Holdings,

	_ Inc.__ ___ ___ __ ____
29	BlackRock	28
	_ Advisors,LLC ___ ___ __ ____
	BlackRock
30	Canada	17
	_ HoldingsLP __ _ _ ____
	BlackRock
31	Canada	30
	_ HoldingsULC_ ___ ___ __ ____
	BlackRock
	Asset
32	Management	31
	Canada
	_ Limited __ ___ __ ____
33	BlackRock	3
	_ Holdco4,_LLC ___ ___ __ ____
34	BlackRock	33
	_ Holdco6,_LLC ___ ___ __ ____
	BlackRock
35	Delaware	34
	_ HoldingsInc. ___ ___ __ ____
36	BlackRock	35
	_ FundAdvisors ___ ___ __ ____
	BlackRock
	Institutional
37	Trust	35
	Company,
	National
	_ Association_ ___ ___ __ ____

Other Comments: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 4%.

---

Further inquiry note: Dr. Michael Buchbauer Head of Group Finance Tel.: +43 316 6902 2979 Fax: +43 316 6902 465 mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc

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
ISIN:	AT0000730007
indexes:	ATX, WBI
stockmarkets: Wien
language:	English