Item 2.05. Costs Associated with Exit or Disposal Activities.

Albany International Corp. (the "Company") issued a news release on July 1, 2009 announcing plans to reduce manufacturing capacity in certain locations. The locations affected include the Company's facility in Tumwater, Washington as well as facilities of certain subsidiaries in France and Germany.

The planned closures in Europe are subject to local law, as well as to consultation with employee works councils.

Works council discussions in Europe are expected to begin shortly. Until they are concluded, the Company is unable reasonably to estimate the costs that it would expect to incur in connection with these intended actions. The Company will disclose the amount, type and timing of any such costs promptly after they are determined.