Market Overview

Albany International Declares Dividend

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The Board of Directors of Albany International Corp. (NYSE:AIN) today
declared a quarterly dividend of $0.17 per share on the Company's Class
A and Class B Common Stock, payable on October 5, 2018, to shareholders
of record on September 10, 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.

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