Ad-hoc | 18 July 2001 18:52

Lenzing AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Lenzing AG 57th Regular Meeting of Shareholders on 18 July 2001 Shareholders’ meeting decides on 10% dividend + 10% premium Mag. Ewald Nageler new Chairman of the Supervisory Board Today’s Regular Meeting of Shareholders of Lenzing AG decided to distribute a dividend of 10% as well as a premium of 10%, amounting to a total of EUR 1.46 per share. As compared to the previous year, this means a doubling of the amount, since a dividend of 10% (EUR 0.73) per share was paid out for fiscal 1999. The date for quotation ex dividend (coupon detached) is 23 July 2001. The dividend payment date is 27 July 2001. After completing the successful reorganization of Lenzing AG, Dkfm. Herbert W. Liaunig, who had been Chairman of the Supervisory Board since 1997, resigned from his position today at the end of the shareholders’ meeting. Karl Schmutzer (Managing Director of B & C Holding GmbH) was elected to succeed him on the Supervisory Board. At its constituent meeting, held after the shareholders’ meeting, the Supervisory Board then proceeded to appoint Mag. Ewald Nageler (Member of the Managing Board of Creditanstalt AG) as Chairman and Karl Schmutzer as Deputy Chairman of the Supervisory Board. end of ad hoc announcement (c) DGAP 18.07.2001 ——————————————————————————– WKN: 852927; Index: Listed: Amtlicher Handel in Wien; Amtlicher Handel in Frankfurt und München; Freiverkehr in Berlin 181852 Jul 01