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Albany International Declares Dividend

December 14, 2018

ROCHESTER, N.H.--(BUSINESS WIRE)--Dec 14, 2018--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.18 per share on the Company’s Class A and Class B Common Stock, payable on January 8, 2019, to shareholders of record on December 26, 2018.

Albany International Corp. is a global advanced textiles and materials processing company, with two core businesses. Machine Clothing is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. Albany Engineered Composites is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. Albany International is headquartered in Rochester, New Hampshire, operates 22 plants in 10 countries, employs 4,400 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181214005345/en/

CONTACT: Investors

John Cozzolino

518-445-2281

john.cozzolino@albint.comMedia

Heather Kralik

801-505-7001

heather.kralik@albint.com

KEYWORD: UNITED STATES NORTH AMERICA NEW HAMPSHIRE

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE CHEMICALS/PLASTICS TEXTILES

SOURCE: Albany International Corp.

Copyright Business Wire 2018.

PUB: 12/14/2018 11:26 AM/DISC: 12/14/2018 11:25 AM

http://www.businesswire.com/news/home/20181214005345/en