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SEC FORM 4 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*
CARLSTROM RICHARD A
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President- Controller
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2003
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 1,000 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
Class B Common Stock (1) (1) (1) Class A Common 104 104 D
Employee Stock Option(2) $16.75 05/01/1991(3) 05/01/2010 Class A Common 15,000 15,000 D
Employee Stock Option(4) $22.25 05/18/1996(3) 05/18/2015 Class A Common 3,000 18,000 D
Employee Stock Option(4) $22.25 05/14/1997(3) 05/14/2016 Class A Common 3,000 21,000 D
Employee Stock Option(4) $19.75 04/15/1998(3) 04/15/2017 Class A Common 3,000 24,000 D
Employee Stock Option(4) $19.375 11/04/1999(3) 11/04/2018 Class A Common 3,000 27,000 D
Employee Stock Option(5) $15.6875 11/09/2000(6) 11/09/2019 Class A Common 3,000 30,000 D
Employee Stock Option(5) $10.5625 11/15/2001(7) 11/15/2020 Class A Common 2,100 32,100 D
Employee Stock Option(5) $20.45 11/06/2002(8) 11/06/2021 Class A Common 3,000 35,100 D
Employee Stock Option(5) $20.63 11/07/2003(9) 11/07/2022 Class A Common 3,000 38,100 D
Restricted Stock Units(10) (11) 11/13/2003 A 1,000 (11) (11) Class A Common Stock 1,000 (10) 1,000 D
Explanation of Responses:
1. Convertible, on a share-for-share basis, into Class A Common Stock.
2. Options granted pursuant to Company's 1988 Stock Option Plan as incentive to remain in employ of Company.
3. Fully exercisable.
4. Options granted pursuant to Company's 1992 Stock Option Plan as incentive to remain in employ of Company.
5. Options granted pursuant to Company's 1998 Stock Option Plan as incentive to remain in employ of Company.
6. Become exercisable as to 600 shares on each November 9, beginning November 9, 2000.
7. Become exercisable as to 420 shares on each November 15, beginning November 15, 2001.
8. Become exercisable as to 600 shares on each November 6, beginning November 6, 2002.
9. Become exercisable as to 600 shares on each November 7, beginning November 7, 2003.
10. Restricted Stock Units granted pursuant to the Albany International Corp. 2003 Restricted Stock Unit Plan (the "Restricted Stock Unit Plan").
11. Each Restricted Stock Unit entitles the holder to receive the cash equivalent of one share of Class A Common Stock at the time of vesting or, in the event that the holder elects to defer payment, at such later time elected in accordance with the Restricted Stock Unit Plan. 200 Restricted Stock Units vest on each November 13, beginning November 13, 2004.
Remarks:
Kathleen M. Tyrrell, Attorney-in-fact 11/14/2003
** 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 22, 1997

/s/ Richard A. Carlstrom