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Andritz Corporate Bond
Graz, Austria, 18 February 2008 -- Andritz AG today issued of a EUR 150 million volume, seven-year public corporate bond.

At a denomination of EUR 50,000, the Andritz corporate bond is endowed with an annual fixed coupon rate of 5.25%. Admission to the Vienna Stock Exchange was applied for. The Andritz corporate bond is expected to be quoted in the Third Market on the Vienna Stock Exchange for the first time on 20 February 2008.

Raiffeisen Zentralbank Österreich AG (RZB) has acted as the lead manager supporting Andritz in this placement. The corporate bond has been placed with institutional investors and banks.

The corporate bond issued by Andritz was the first issue on the Corporate Bond Market in 2008.

The Andritz Group is a global market leader in the supply of customized plants, systems, and services for the pulp and paper industry, the hydropower industry, the steel industry, and other specialized industries (solid/liquid separation, feed, and biofuel). Headquartered in Graz, Austria, the Group has about 12,000 employees worldwide. It manufactures and sells its products and services globally.

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