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) 03/01/2007
	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	03/01/2007		M		7,190(2)	A	$0	42,836	D
Class A Common Stock(3)	03/01/2007		M		7,190	A	(3)	7,190(3)	D(3)
Class A Common Stock(3)	03/01/2007		D		7,190	D	$34.53	0	D(3)

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(4)	$18.75							05/11/1995(5)	05/11/2014	Class A Common	20,000		20,000	D
Employee Stock Option(4)	$22.25							05/18/1996(5)	05/18/2015	Class A Common	25,000		45,000	D
Employee Stock Option(4)	$22.25							05/14/1997(5)	02/01/2016	Class A Common	25,000		70,000	D
Employee Stock Option(6)	$19.75							04/15/1998(5)	02/01/2016	Class A Common	25,000		95,000	D
Employee Stock Option(4)	$19.375							11/04/1999(5)	02/01/2016	Class A Common	32,500		127,500	D
Employee Stock Option(7)	$10.5625							11/15/2001(5)	02/01/2016	Class A Common	5,000		132,500	D
Employee Stock Option(7)	$20.45							11/06/2002(5)	02/01/2016	Class A Common	36,000		168,500	D
Employee Stock Option(7)	$20.63							11/07/2003(5)	02/01/2016	Class A Common	32,000		200,500	D
Restricted Stock Units(8)	(8)	03/01/2007		M			14,380(9)	(8)(10)	(8)(10)	Class A Common Stock	21,570(8)(9)	(8)	7,190	D

Explanation of Responses:

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

2. Shares distributed upon partial settlement of Restricted Stock Units previously granted pursuant to the Albany International Corp. 2005 Incentive Plan (see footnotes 8 and 10).

3. Deemed acquisition and disposition to the issuer of shares underlying previously granted Restricted Stock Units upon settlement in cash of such Units (see footnote 8). No shares were actually issued to the reporting person, nor did the reporting person dispose of any shares.

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

5. Fully exercisable.

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

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

8. 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.

9. Includes dividend units accrued on Restricted Stock Units on July 10, 2006, October 6, 2006 and January 8, 2007.

10. Reflects partial settlement (half in cash, half in shares of the Company's Class A Common Stock) on March 1, 2007 of a grant of Restricted Stock Units. 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.

Remarks:

	Kathleen M. Tyrrell, Attorney-in-Fact	03/02/2007
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

The undersigned, as an officer and/or director of

Albany International Corp., a Delaware corporation

("the Company"), hereby authorizes THOMAS H. HAGOORT,

CHARLES J. SILVA, JR. AND KATHLEEN M. TYRRELL, and

each of them with full power to act without the

others, to sign and file, or cause to be filed, on

behalf of the undersigned, any forms and other

documents, including without limitation Forms 3 and 4

or any other forms hereafter substitute therefor,

required or permitted to be filed by the undersigned

pursuant to Section 16(a) of the Securities Exchange

Act of 1934, as amended, or rules or regulations

promulgated thereunder.



The authorization of a person named above shall

automatically terminate at such time as such person

ceases to be an employee of the Company.  The

undersigned may terminate the authorization of any

such person at any time by delivering written notice

of termination to the Company.







Date: November 20, 1997

/s/ Frank R. Schmeler