ANDRITZ PULP & PAPERBrazil – Finland Day 26.4.2011

2 Company presentation March 2011

The ANDRITZ GROUPOverview

Company

� ANDRITZ AG, Graz, Austria (Group headquarters).

� More than 120 production and service sites worldwide.

� Employees: ~14,700 worldwide (as of December 31, 2010).

Key figures 2010

� Order intake: 4,132 MEUR.

� Sales: 3,554 MEUR.

� Net income (incl. non-controlling interests): 177 MEUR.

� Equity ratio (as of December 31, 2010): 19.7%.

Products and services

Plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel).

3 Company presentation March 2011

Compou

nd Ann

ual Gr

owth R

ate (CA

GR)

of Grou

p sales

2001-2

010: +1

2% p.a

.

(thereo

f appro

ximate

ly half

organi

c growt

h)

Sales of the ANDRITZ GROUP (MEUR)

Strengthening of the market positionGrowth through organic expansion and acquisitions

1995 Jesma-Matador2000 UMT2005 Chemes Strojarne

FEED & BIOFUEL

2006 VA TECH HYDRO2007 Tigép2008 GE Hydro business2008 GEHI (JV)2010 Precision Machine2010 Hammerfest Strøm (33.3%)2010 Ritz

HYDRO

1992 TCW Engineering1996 Guinard2002 3SYS2004 Bird Machine2004 NETZSCH Filtration2004 Fluid Bed Systems of

VA TECH WABAG2005 Lenser Filtration2006 CONTEC Decanter2009 Delkor Capital Equipment2009 Frautech2010 KMPT

ENVIRONMENT & PROCESS

1997 Sundwig1998 Thermtec2000 Kohler2002 SELAS SAS Furnace Div.2004 Kaiser2005 Lynson2008 Maerz

METALS

3,198

3,6103,283

2,710

1,7441,481

1,2251,1101,319

3,554

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

1990 Sprout-Bauer1992 Durametal1994 Kone Wood1998 Kvaerner Hymac1999 Winberg2000 Ahlstrom Machinery2000 Lamb Baling Line2000 Voith Andritz Tissue LLC

(JV)2002 ABB Drying2003 IDEAS Simulation 2003 Acutest Oy2003 Fiedler2004 EMS (JV)2005 Cybermetrics2005 Universal Dynamics

Group2006 Küsters2006 Pilão2007 Bachofen + Meier2007 Sindus2008 Kufferath2009 Rollteck2010 Rieter Perfojet2010 DMT/Biax2010 AE&E Austria

PULP & PAPER

44

� ~50% of Group’s order intake.

� Electro-mechanical equipment for hydro-power plants; pumps.

� ~25% of Group’sorder intake.

� Systems for production of all types of pulp and certain paper grades.

� ~10% of Group’sorder intake.

� Systems for production and processing of stainless steel and carbon steel strips.

� ~10% of Group’sorder intake.

� Systems for mechanical and thermal solid/liquid separation.

� ~5% ofGroup’sorder intake.

� Systems for production of animal feed and wood/biofuelpellets.

Company profileA world market leader in most business areas

PulPaper Press Conference – June 2010

5 Company presentation March 2011

Successful five-years performance

2008: -54%

2010: +68%

2009: +111%

2007: +3%

2006: +75%

Relative share price performance of the ANDRITZ share vs. the ATX since the IPO

Berenberg Bank, Crédit Agricole Cheuvreux, Deut-sche Bank, Erste Bank, Goldman Sachs, Hauck & Aufhäuser, HSBC, JPMorgan, Raffeisen Centrobank, UBS, and UniCredit.

Broad researchcoverage

ANDRITZ shareSolid performance, broad research coverage

6

� Complete lines for chemical, mechanical, and recycled fiber production

Full-line technologies and services

PULP

PAPER� Complete lines for tissue and board� Stock preparation, approach flow

and waste paper� Sludge and reject handling� Finishing – pulp and paper

POWER� Biomass boilers based on Bubbling

Fluidized Bed (BFB) technology for steam and electricity generation

� Gasification applications for lime kilns, cofiring and liquid transportation fuels production

7

Main locations for Fiber & Chemical division

FINLAND Resources for global operations and support

N-AMERICA

Local sales & projectsPITC laboratoryBio fuel business unit

CHINA

Local sales & projects

BRAZIL

Local sales & projects

JAPAN

Local sales & projects

INDIA

Engineering for global projects

8

Andritz High Performing Global Teams

�Team members from multiple countries�Brazil, Finland, India, USA etc.�Full utilisation of expertise and resources

�Communication�All latest information available�All team members understand communication

�Common targets for all team members�No sub-optimisation�No hidden agendas

�Unified processes across different legal entities�Same project management and engineering practices and tools�Systematic follow-up of performance

�Use of modern information technology�Document management�ERP and shared databases�Efficient Communication tools (Windows Office, Live Meetings)

PEI, CK & WSB – Projeto Horizonte - 2007 a 2009 – 1st Align Meeting © Andritz Group

PEI – Horizonte Project, COOKING & WSB - 1.250.000 ADT/Year

Project DirectorProject Director

Project ManagerProject Manager

Steering Committee

Administration

Planning Coordinator

Quality

Local EngineeringSupport andSupervision

Detailing Engineering

Detailing Engineering

Process Engineering

Site ManagerSite Manager

Secretary

Home Office – Andritz OyHome Office – Andritz Oy

Electrical, I&A Eng.Coordinator

Purchase

Controller Logistic

ElectromechanicalErection Company

Commissioningand Startup

Commissioningand Startup

Mechanical

Electrical

Instrum. &Automation

PDMSSite Support

PDMSModeling

Piping

SteelStructure

Civil BasicEngineering

CK Project MgrCK Project Mgr WSB Project MgrWSB Project Mgr

Civil WorksCompany

Mechanical Eng.Coordinator

Electromechanical Erection Supervision & Support Team

andCivil Works Adviser

Electromechanical Erection Supervision & Support Team

andCivil Works Adviser

Document Control

MillPlanning

Project Purchasing

TrainingProcess

Engineering

EquipmentEngineering

E& IEngineering

Erection

Star-up

GuaranteeRun

ProjectSecretary

ProjectQuality

CivilDetailing Engineering

CivilDetailing Engineering

Project Organization

10

Recent S-America Deliveries

700Washing, Screening, BleachingBrazilLwarcel Celulose e Papel2005

2830Complete FiberlineBrazilVeracel Celulose2005

1510CookingBrazilVCP, Luiz Antonio2007

2405Complete FiberlineChileCMPC Celulosa, Santa Fe2006

1200Oxygen DelignificationChileCMPC Celulosa, Laja2006

2160CookingBrazilCenibra, Belo Oriente2006

3160Complete Fiberline (excl. Cooking)BrazilSuzano Bahia Sul Papel e Celulose2007

3000Complete FiberlineUruguayBotnia S.A.2007

4180Complete FiberlineBrazilFibria, Três Lagoas2009

5100/4750Complete Fiberline, EPCBrazilEldorado Papel e Celulose Ltda.2012

3660/3450Cooking, Washing and BleachingChileCMPC Santa Fe2011

2985Washing, Screening, BleachingBrazilAracruz Celulose S.A.2007

Systems/EquipmentCapacityADMT/D

CountryCompanyStart-up

Year

11

ANDRITZ’s solution

11

Single-line from ANDRITZ: digester, washing, screening, bleaching, dewatering, drying, cutting, and baling.

1.3 million tonne single-line fiberline + white liquor plant

12,000 m3 white liquor plant

9.3 m wide pulp dewatering/drying

machine

PulPaper Press Conference – June 2010

12

I think ANDRITZ has proven itself as having

the best fiberlinetechnology – especially

in bleaching. LL

Results

12

The ramp-up was fantastic. In September, we reached 100% prime pulp production – an outstanding achievement.

“”

Francisco Valerio, Director of Industrial Operations & EngineeringFibria

Marco IáconisProject Engineering Coordinator

“”

PulPaper Press Conference – June 2010

13

Legal Disclaimer

All data, information, statements, photographs, and graphic illustrations contained in this presentation are without any obligation to the publisher and raise no liabilities to ANDRITZ AG or any affiliated companies, nor shall the contents in this presentation form part of any sales contracts, which may be concluded between ANDRITZ GROUP companies and purchasers of equipment and/or systems referred to herein.

© ANDRITZ AG 2009. All rights reserved. No part of this copyrighted work may be reproduced, modified or distributed in any form or by any means, or stored in any database or retrieval system, without the prior written permission of ANDRITZ AG or its affiliates. Any such unauthorized use for any purpose is a violation of the relevant copyright laws.

Any questions?Fiber and Chemical Division

For further informationplease contact:

Andritz Oy – Finland+358 20 450 5555

pulpandpaper.fi@andritz.com