In the first nine months of 2011, the Lenzing Group succeeded in significantly improving all relevant indicators in comparison to the previous year, and is thus performing in line with the expectations defined in the half-yearly report.

At the ANDRITZ Capital Market Days 2011, Wolfgang Leitner, President and CEO of ANDRITZ AG, today specified the sales and earnings targets of the ANDRITZ GROUP for 2011 and 2012:

Austria, Sep 27, 2011 - The Supervisory Board of Lenzing AG has extended the Management Board mandate of Friedrich Weninger (54) for a further three years until the end of 2014. Friedrich Weninger serves as Chief Operating Officer (COO) and is accordingly responsible for the business operations of the Lenzing Group (except Engineering). Friedrich Weninger has been working for Lenzing for 22 years.

M-real Oyj has signed an agreement to divest the entire share capital in M-real Hallein GmbH to the Schweighofer Group. M-real Hallein GmbH assets consist of the Hallein pulp mill, bioenergy plant, paper mill closed in 2009 and the surrounding estate. The pulp mills annual capacity is approximately 160,000 tonnes of sulphite pulp and the amount of personnel is approximately 200. The debt-free value of the transaction is approximately EUR 34 million and the positive cash impact for M-real approximately EUR 24 million.

UK, May 9, 2011 - International technology Group ANDRITZ has received a further order from Holmen AB’s subsidiary, Iggesund Paperboard Ltd., to deliver a wood-based biomass receiving and handling system for Iggesund’s paperboard mill Workington in Cumbria, UK. The start-up is scheduled for April 2013.