In connection with the convertible bond issued by voestalpine AG in July 2005, further bond holders have exercised their right to convert their bonds to voestalpine shares. In this regard, voestalpine AG hereby gives notice pursuant to § 82 (9) of the Austrian Stock Exchange Act (Boersegesetz) that it has transferred 148,265 of its own shares (corresponding to 0.09% of the share capital of voestalpine AG) to convertible bond creditors, at a conversion rate of EUR 18.75, thus totalling EUR 2,779,968.75. Effective 6 May 2008, voestalpine AG will transfer a further 533,333 of its own shares (approx. 0.32% of its share capital) to convertible bond creditors at a conversion rate of EUR 18.75, thus totalling EUR 9,999,993.75.

In addition, voestalpine AG has transferred 27,850 of its own shares (corresponding to 0.017% of its share capital) to voestalpine Group employees and to voestalpine Arbeitnehmer-Privatstiftung for allocation to voestalpine Group employees. Of these, 27,444 shares were transferred at a share price of EUR 65.76, and 406 shares at a share price of EUR 40. This transfer was effected in connection with the existing voestalpine employee shareholding scheme; the proportion of employee-held shares in voestalpine AG is unchanged at 10.7%.

In total, as of 7 May 2008, voestalpine AG will hold 4,561,696 of its own shares.

(25.4.2008)