Albany, New York, USA, 09 May 2008 -- The board of directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of USD 0.12 per share on the Class A and Class B Common Stock, payable on 08 July 2008, to shareholders of record on 06 June 2008.

Albany International is a global advanced textiles and materials processing company with approximately 6100 employees worldwide and plants strategically located to serve its global customers. The company’s core business is the production of custom-designed fabrics and belts essential to the manufacture of paper and paperboard. Albany’s family of emerging businesses extends its advanced textiles and materials capabilities into a variety of other industries, most notably aerospace composites, nonwovens, building products, and high-performance industrial doors. Additional information about the company, its businesses, and its products is available at www.albint.com.