Albany International Declares Dividend

The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.12 per share on the Class A and Class B Common Stock, payable on January 8, 2009, to shareholders of record on January 2, 2009.

Albany International is a global advanced textiles and materials processing company with approximately 6,100 employees worldwide and plants strategically located to serve its global customers. The Company’s core business is the world’s leading producer of custom-designed fabrics and belts essential to the production of paper and paperboard. Albany’s family of emerging businesses extends its advanced textiles and materials capabilities into a variety of other industries, most notably aerospace composites, nonwovens, building products, and high-performance industrial doors. Additional information about the Company and its businesses and products is available at www.albint.com.