Forest products

Hakan Ekstrom, a principal of United States-based Wood Resources International in an article this week said reconstruction of up to 150,000 buildings in northern Japan in the wake of the earthquake and tsunami that hit Japan on 11 March 11 will boost NZ log exports.

Seattle, USA, Mar 28, 2011 - The earthquake and tsunami that hit Japan on March 11 is first and foremost a humanitarian tragedy that is difficult to comprehend. Over 10,000 people died during and in the immediate aftermath; more than 400,000 people lost their homes and 100-150,000 buildings were destroyed. The re-building of towns, roads, railways and the power grid in the impacted region northeast of Tokyo will be a lengthy and difficult undertaking.

Graz, Austria, Mar 29, 2011. Today’s 104th Annual General Meeting of Shareholders of ANDRITZ AG agreed to a dividend payment of 1.70 Euros per share for the 2010 business year, which is an increase of 70% compared to the dividend for the 2009 business year (1.00 Euro per share). Ex-dividend date is March 31, 2011, the date of dividend payment April 4, 2011.

Klaus Ritter, who has been a member of the ANDRITZ AG Supervisory Board since 2004, was reappointed to the Supervisory Board of ANDRITZ AG.