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Albany International Declares Dividend

May 10, 2019

ROCHESTER, N.H.--(BUSINESS WIRE)--May 10, 2019--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 July 8, 2019, to shareholders of record on June 7, 2019.

Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world’s leading producer of fabrics and process felts used in the manufacture of all grades of paper products. Albany Engineered Composites is a rapidly growing designer and manufacturer of advanced materials-based engineered components for jet engine and airframe applications, supporting both commercial and military platforms. 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/20190510005285/en/

CONTACT: Investor contact:

Stephen Nolan

518-445-2281

stephen.nolan@albint.comMedia contact:

Heather Kralik

801-505-7001

heather.kralik@albint.com

KEYWORD: UNITED STATES NORTH AMERICA NEW HAMPSHIRE

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE CHEMICALS/PLASTICS ENGINEERING TEXTILES

SOURCE: Albany International Corp.

Copyright Business Wire 2019.

PUB: 05/10/2019 10:15 AM/DISC: 05/10/2019 10:15 AM

http://www.businesswire.com/news/home/20190510005285/en

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