ALBANY INTERNATIONAL ANNOUNCES APPROVAL OF

                                  Exhibit 99.1

             ALBANY INTERNATIONAL ANNOUNCES APPROVAL OF 10b5-1 PLAN

Albany, New York, May 31, 2005 -- Albany International Corp. (NYSE/PSE/FWB:AIN)

announced today that it has adopted a written trading plan under Rule 10b5-1 of

the Securities Exchange Act of 1934 to facilitate the repurchase of its common

stock pursuant to the Company's previously announced share repurchase

authorization. A broker or brokers selected by the Company will have the

authority under terms and limitations specified in the plan to repurchase shares

on behalf of the Company, up to the 1,053,100 shares remaining under the

existing repurchase authorization. Under the terms of the plan, there can be no

assurance that any