SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* SCHMELER FRANK R (Last) (First) (Middle) C/O ALBANY INTERNATIONAL CORP. P.O. BOX 1907 (Street) ALBANY NY 12201-1907 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ALBANY INTERNATIONAL CORP /DE/ [ AIN ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/28/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								100	I	Custodial(1)
Class A Common Stock	11/28/2007		G		3,000	D	(2)	41,188	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option(3)	$18.75							(4)	05/11/2014	Class A Common	20,000		20,000	D
Employee Stock Option(3)	$22.25							(4)	05/18/2015	Class A Common	25,000		45,000	D
Employee Stock Option(3)	$22.25							(4)	02/01/2016	Class A Common	25,000		70,000	D
Employee Stock Option(5)	$19.75							(4)	02/01/2016	Class A Common	25,000		95,000	D
Employee Stock Option(3)	$19.375							(4)	02/01/2016	Class A Common	32,500		127,500	D
Employee Stock Option(6)	$10.5625							(4)	02/01/2016	Class A Common	5,000		132,500	D
Employee Stock Option(6)	$20.45							(4)	02/01/2016	Class A Common	36,000		168,500	D
Employee Stock Option(6)	$20.63							(4)	02/01/2016	Class A Common	32,000		200,500	D
Restricted Stock Units(7)	(7)							(7)(8)	(7)(8)	Class A Common Stock	7,249(9)		7,249(9)	D

Explanation of Responses:

1. Shares held by reporting person as custodian for his granddaughter. Undersigned disclaims beneficial ownership.

2. N/A

3. Option granted pursuant to Company's 1992 Stock Option Plan as incentive to remain in employ of Company.

4. Fully exercisable.

5. Option granted pursuant to the Company's 1988 Stock Option Plan as incentive to remain in employ of Company.

6. Option granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.

7. Restricted Stock Units ("RSUs") granted in February 2006 pursuant to the Albany International Corp. 2005 Incentive Plan (the "Incentive Plan"). Each Restricted Stock Unit award entitles the holder to receive a number of shares of Class A Common Stock, the cash equivalent of such shares, or a combination of cash and shares, in each case in accordance with a settlement schedule.

8. The remaining reported units (plus related dividend units) will be settled and payable on or about March 1, 2008, half in cash, half in shares of the Company's Class A Common Stock.

9. Includes dividend units accrued on Restricted Stock Units on July 9, 2007 and October 5, 2007.

Remarks:

	Frank R. Schmeler	11/28/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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