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

Ranshofen, 20.12.2017

• 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	Vienna	Austria
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft	Linz	Austria
Oberbank AG	Linz	Austria

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

  B&C Kratos Holding GmbH, RLB OÖ Alu Invest GmbH, Oberbank Industrie und Handelsbeteiligungsholding GmbH

• 5. Date on which the threshold was crossed or reached: 19.12.2017

• 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

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	Directly controlled 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 Pontos Holding GmbH	3	4,63 %	4,63 %
5	B&C Alpha Holding GmbH	3	47,81 %	47,81 %
6	B&C Holding GmbH	3
7	B&C Beteiligungsmanagement GmbH	6
8	Austrowaren HandelsgmbH	7
9	B&C Kratos Holding GmbH	8	0,28 %	0,28 %
10	Raiffeisenbankengruppe OÖ Verbund eGen
11	Raiffeisenlandesbank Oberösterreich Aktiengesellschaft	10
12	Invest Holding GmbH	11
13	RLB OÖ Alu Invest GmbH	12	16,50 %	16,50 %
14	Oberbank AG
15	Oberbank Unternehmensbeteiligung GmbH	14
16	Oberbank Industrie und Handelsbeteiligungsholding GmbH	15	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:

B&C Pontos Holding GmbH has transferred 100,000 voting rights (corresponding to around 0.28% of the share capital and voting rights) in AMAG Austria Metall AG to B&C Kratos Holding GmbH. B&C Kratos Holding GmbH thereby holds 100,000 voting rights (corresponding to around 0.28% of the share capital and voting rights) in AMAG Austria Metall AG. B&C Pontos Holding GmbH now holds 1,629,737 voting rights (corresponding to around 4.63% of the share capital and voting rights) in AMAG Austria Metall AG.

Moreover, as part of an intragroup merger, B&C Triton Holding GmbH and B&C Lambda Holding GmbH have been transferred to their respective sole shareholder, B&C Industrieholding GmbH. Due to this merger, the chain of controlled entities changes relating to the 1,629,737 voting rights (corresponding to around 4.63% of the share capital and voting rights) that B&C Pontos Holding GmbH directly holds in AMAG Austria Metall AG, and the 16,858,894 voting rights (corresponding to around 47.81% of the share capital and voting rights) that B&C Alpha Holding GmbH directly holds 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 voting rights) in AMAG Austria Metall AG continue to be attributable to B&C Privatstiftung through its indirect subsidiaries B&C Pontos Holding GmbH, B&C Alpha Holding GmbH and B&C Kratos Holding GmbH. Furthermore, pursuant to Section 92 Z 1 BörseG and based on agreements between B&C Industrieholding GmbH and Raiffeisenlandesbank Oberösterreich Aktiengesellschaft and Oberbank AG respectively, 5,852,824 voting rights are attributable to the issuer. Consequently, and pursuant to Section 92 BörseG, a total of 24,442,455 voting rights (corresponding to around 69.31% of the share capital and 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