EANS-Voting Rights

Lenzing AG / Publication of an Announcement according to art. 93 BörseG with the objective of Europe-web publication

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Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Release according to article 93 BörseG with the aim of a Europe-wide
distribution

Person/company obliged to make the notification:
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Name: B & C Privatstiftung
Place: Wien
State: Österreich

Name of shareholder(s): B & C Holding Österreich GmbH, B & C Iota GmbH & Co KG

Date on which the threshold was crossed or reached: 7.4.2017

In the course of a demerger within the group, the 15.930.001 voting rights
(equivalent to a little more than 60.00% of the share capital and voting rights)
in Lenzing Aktiengesellschaft directly held by B & C Industrieholding GmbH have
been transferred to B & C Holding Österreich GmbH. As a result of this demerger,
B & C Holding Österreich GmbH now directly holds 15,930,001 voting rights
(equivalent to a little more than 60.00% of the share capital and voting rights)
in Lenzing Aktiengesellschaft. B & C Industrieholding GmbH no longer holds any
voting rights in Lenzing Aktiengesellschaft.

Furthermore, 680,959 voting rights (equivalent to approx. 2.56% of the share
capital and voting rights) in Lenzing Aktiengesellschaft are attributable to B &
C Privatstiftung via its subsidiary B & C Iota GmbH & Co KG pursuant to sec 92
(4) Stock Exchange Act. In total, 16,610,960 voting rights (equivalent to
approx. 62.56% of the share capital and voting rights) in Lenzing
Aktiengesellschaft are, therefore, still attributable to B & C Privatstiftung
pursuant to sec 92 (4) Stock Exchange Act.

In this context, B & C Privatstiftung notes that further restructuring will take
place within its group. The shareholdings in Lenzing Aktiengesellschaft will not
change due to this internal restructuring and after all restructuring steps have
been completed B & C Group will still hold 16,610,960 voting rights (equivalent
to approx.. 62.56% of the share capital and voting rights) in Lenzing
Aktiengesellschaft.

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 |B & C | | | | |
|__________|Privatstiftung|___________|____________|_____________|_____________|
| |B & C Holding | | | | |
| 2 |Österreich | 1 | 60,00 %| | 60,00 %|
|__________|GmbH__________|___________|____________|_____________|_____________|
| 3 |B & C Iota | 1 | 2,56 %| | 2,56 %|
|__________|GmbH_&_Co_KG__|___________|____________|_____________|_____________|
| 4 |B & C Helios | 1 | | 50,00 %| 50,00 %|
|__________|GmbH__________|___________|____________|_____________|_____________|
|__________|______________|___________|____________|_____________|_____________|

Further inquiry note:
Lenzing AG
Mag. Waltraud Kaserer
Vice President Corporate Communications & Investor Relations
Tel.: [phone]
mailto:[e-mail]

end of announcement euro adhoc
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issuer: Lenzing AG

A-A-4860 Lenzing
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: official market: Wien
language: English