Exhibit 99.1

                    ALBANY INTERNATIONAL ANNOUNCES VOLUNTARY
                            DELISTING FROM NYSE ARCA

         Albany, New York, December 21, 2006 - Albany International Corp.
(NYSE:AIN) announced today that it plans to voluntarily withdraw its Class A
Common Stock from listing on NYSE Arca, Inc., formerly the Pacific Exchange.
Albany's Class A Common Stock will continue to be listed on the New York Stock
Exchange.

         The decision was made to eliminate duplicative administrative
requirements inherent with dual listings as a result of the NYSE Group's recent
merger with Archipelago Holdings, the parent company of NYSE Arca. NYSE Arca
will continue trading Albany's Class A Common Stock on an unlisted basis.

         Albany International is the world's largest producer of custom-designed
paper machine fabrics and process belts that are essential to the manufacture of
paper and paperboard. In its family of businesses, Albany applies its core
competencies in advanced textiles and materials to other industries. Founded in
1895, the Company is headquartered in Albany, New York, and employs
approximately 6,100 people worldwide. The Company's plants are strategically
located to serve its global customers. Additional information about the Company
and its businesses and products is available at www.albint.com.