The Lenzing Group confirms the preliminary figures for 2007, released on 14 March 2008. Thanks to excellent general economic conditions, and as a consequence of the Group's dynamic expansion the result of 2007 surpasses the very good result of the previous business year.

The start-up of the new viscose fiber plant in Nanjing (China), price increases in core business cellulose fibers and company acquisitions by segment Plastics generated a strong growth spurt. Consolidated sales rose by 20.9% to EUR 1.26 bill. (2006: EUR 1.04 bill.), EBITDA increased by 35.4% to EUR 229.3 mill. (2006: EUR 169.3 mill.), and EBIT grew by 50.6% to EUR 162.3 mill. (2006: 107.8 mill.). Net income improved to EUR 117.6 mill. (2006: 88.4 mill.), a plus of 33.1%. The management board will propose a dividend per share of EUR 14.00 (2006: EUR 10.00) to the regular shareholders' meeting.

The results for the first quarter 2008 will be released on 9 May. The regular shareholders' meeting will be held at Lenzing on 12 June 2008.

Consolidated company key figures (IFRS) in EUR mill. 2007 2006

Sales* 1,260.5 1.042.6

EBITDA* 229.3 169.3

EBIT* 162.3 107.8

Net income attributable to shareholders of Lenzing AG

109.6 83.9

EBITDA margin* % 18.2 16.2

EBIT margin* % 12.9 10.3

Equity ratio** % 44.8 51.1

Staff 6,043 5,044

Capital expenditure (intangibles, property, plant and equipment and financial assets)

266.8 105.7

Operating cash flow 223.8 146.1

* continuing operations

** Equity incl. government grants less prop. deferred taxes

For more information please contact:

Angelika Guldt

Corporate Communications

Mobile: +43 (0)7672 701-2713

E-mail: [email protected]