AMAG Austria Metall AG: Management Board resolves to propose dividend of EUR 1.20 per share

Ranshofen (pta023/09.02.2015/15:30 UTC+1) Management Board proposes dividend of EUR 1.20 per share (prior year: 0.60 EUR per share)

-Preliminary result of 2014:
-EBITDA at the upper end of the projected range of EUR 110 to 115 million
-Net income after taxes at about EUR 59 million exceeds prior year's level (2013: EUR 56.0 million)

-Additional capital release achieved due to inventory optimization project

At its meeting held today, February 9, 2015, the Management Board of AMAG Austria Metall AG resolved to propose to the Shareholders' Meeting a dividend in the amount of EUR 1.20 per share. Related to the average stock price in 2014, this translates to a dividend yield of 4.8%.

The basis for this decision was a successful inventory optimization program. Metal inventories were reduced by 20% compared to the prior year by consistent management. This strategy resulted in a substantial capital release.

AMAG Austria Metall AG will publish its final accounts for 2014 on February 27, 2015.

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Emitter:	AMAG Austria Metall AG Lamprechtshausenerstraße 61 5282 Ranshofen Austria
Contact Person:	Dipl.Kfm. Felix Demmelhuber
Phone:	+43 7722 801 2203
E-Mail:	investorrelations@amag.at
Website:	www.amag.at
ISIN(s):	AT00000AMAG3 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)