EANS-News

ANDRITZ AG / Arbitration case in Montes del Plata settled

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Justice/Processes

Graz, April 28, 2015. ANDRITZ Pulp Technologies Punta Pereira S.A.,
a subsidiary of international technology Group ANDRITZ and Celulosa y
Energía Punta Pereira S.A. ("CEPP"), a Joint Venture by Stora Enso
and Arauco, have amicably settled the arbitration proceedings between
them in connection with several contracts for delivery of equipment
and systems for CEPP's Montes del Plata pulp mill. The settlement
will not have a material effect on the ANDRITZ Group's earnings, thus
ANDRITZ's earnings expectations for the full year 2015 remain
unchanged.

- End -

The ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants,
equipment, and services for hydropower stations, the pulp and paper
industry, the metalworking and steel industries, and for solid/liquid
separation in the municipal and industrial sectors. The publicly
listed technology Group is headquartered in Graz, Austria, and has a
staff of almost 25,000 employees. ANDRITZ operates over 250 sites
worldwide.

Further inquiry note:
Dr. Michael Buchbauer

Head of Group Treasury, Corporate Communications & Investor Relations

Tel.: [phone]

Fax: [phone]

mailto:[e-mail]

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English