AMAG Austria Metall : Announcement acc. with sec. 93 para. 2 - B&C Privatstiftung

Announcement in accordance with sec. 93 para. 2 of the Austrian Stock Exchange Act (Börsegesetz) with the objective of Europe-wide dissemination

1. Issuer: AMAG Austria Metall AG
2. Reason for the notification: Acquisition or disposal of voting rights
3. Person subject to notification obligation Acting in concert agreement (Sec. 92 No. 1 BörseG)

   First name	Name/Surname	City	Country
   B&C Privatstiftung	Wien	Österreich
   Oberbank AG	Linz	Österreich
   Raiffeisenlandesbank Oberösterreich Aktiengesellschaft	Linz	Österreich

4. Name of shareholder(s): B & C Pontos Holding GmbH, B & C Alpha Holding

   GmbH, RLB OÖ Alu Invest GmbH, Oberbank Industrie und Handelsbeteiligungsholding GmbH

5. Date on which the threshold was crossed or reached: 29.4.2017
6. Total positions

   % of voting rights attached to shares (7.A)	% of voting rights through financial/other instruments (7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of issuer
   Resulting situation on the date on which threshold was crossed / reached	69,31 %	0,00 %	69,31 %	35.264.000
   Position of previous notification (if applicable)	69,31 %

   Details

7. Notified details of the resulting situation:

   A: Voting rights attached to shares
   ISIN Code	Number of voting rights		% of voting rights
   	Direct (Sec 91 BörseG)	Indirect (Sec 92 BörseG)	Direct (Sec 91 BörseG)	Indirect (Sec 92 BörseG)
   AT00000AMAG3	24.442.455	69,31 %
   SUBTOTAL A	24.442.455		69,31 %

   B 1: Financial / Other Instruments pursuant to Sec. 91a para. 1 No. 1 BörseG
   Type of instrument	Expiration Date	Exercise Period	Number of voting rights that may be acquired if the instrument is exercised	% of voting rights
   SUBTOTAL B.1

   B 2: Financial / Other Instruments pursuant to Sec. 91a para. 1 No. 3 BörseG
   Type of instrument	Expiration Date	Exercise Period	Physical / Cash Settlement	Number of voting rights	% of voting rights
   SUBTOTAL B.2

8. Information in relation to the person subject to the notification obligation: Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

   Full chain of controlled undertakings through which the voting rights and/or the financial/other instruments are effectively held starting with the ultimate controlling natural person or legal entity:

   No.	Name	Directlycontrolled by No.	Shares held directly (%)	Financial/other instruments held directly (%)	Total of both (%)
   1	B&C Privatstiftung
   2	B&C Holding Österreich GmbH	1
   3	B&C Industrieholding GmbH	2
   4	B&C Triton Holding GmbH	3
   5	B&C Pontos Holding GmbH	4	4,91 %	4,91 %
   6	B&C Lambda Holding	3
   7	B&C Alpha Holding GmbH	6	47,81 %	47,81 %
   8	Raiffeisenbankengruppe OÖ Verbund eGen
   9	Raiffeisenlandesbank Oberösterreich Aktiengesellschaft	8
   10	Invest Holding GmbH	9
   11	RLB OÖ Alu Invest GmbH	10	16,50 %	16,50 %
   12	Oberbank AG
   13	Oberbank Unternehmensbeteiligung GmbH	12
   14	Oberbank Industrie und Handelsbeteiligungsholding GmbH	13	0,10 %	0,10 %

9. In case of proxy voting

   Date of general meeting: -

   Voting rights after general meeting: - is equivalent to - voting rights.

10. Other comments:

As part of an intragroup split, the 100% interest in B & C Industrieholding GmbH has been held to date by B & C Dora GmbH (formerly: B & C Holding Österreich GmbH)

has been transferred to B & C Holding Österreich GmbH (formerly: B & C Helios GmbH), another wholly-owned subsidiary of B & C Privatstiftung.

Due to this split, the chain of controlled entities has changed relating to the 1,729,737 voting rights (corresponding to around 4.91% of the share capital and of the voting rights) that B & C Pontos Holding GmbH holds directly in AMAG Austria Metall AG, and the 16,858,894 voting rights (corresponding to around 47.81% of the share capital and of the voting rights) that B & C Pontos Holding GmbH holds directly in AMAG Austria Metall AG.

Pursuant to Section 92 Z 4 of the Austrian Stock Exchange Act (BörseG), a total of 18,588,631 voting rights (corresponding to around 52.72% of the share capital and of the voting rights) in AMAG Austria Metall AG continue to be attributable to B & C Privatstiftung through its indirect subsidiaries B & C Pontos Holding GmbH and B & C Alpha Holding GmbH. Furthermore, pursuant to Section 92 Z 1 BörseG and on the basis of agreements between B & C Industrieholding GmbH and Raiffeisenlandesbank Oberösterreich Aktiengesellschaft and Oberbank AG respectively, 5,853,824 voting rights are attributable to the issuer. As a

consequence and pursuant to Section 92 BörseG, a total of 24,442,455 voting rights (corresponding to around 69.31% of the share capital and of the voting rights) in AMAG Austria Metall AG continue to be attributable to B & C Privatstiftung.

Further inquiry note:

Felix Demmelhuber

Head of Investor Relations Phone: [phone]

E-mail: [e-mail]

AMAG Austria Metall AG Lamprechtshausenerstraße 61

5282 Ranshofen, Austria Website: www.amag.at