Frigoglass S.A. announces according to Law 3556/2007 (article 3) and article 21) and according to Capital Committee Decision 1/434/3.7.2007 article 11, that Mr. Tom Aas, ICM Manufacturing Director of the Company and liable person according to article 13 of the Law 3340/2005 sold on 30/4/2008 4.000 shares of the company, of total value 88.432,57 Euros and sold on 2/5/2008 3.500 shares of the company, of total value 78.396,60 Euros.