FRIGOGLASS S.A.I.C.

Announcement

Frigoglass announces that on May 13th, 2011, pursuant to its BoD resolution on May 12th, 2011, it sold 900.000 treasury shares at the price of euro 11,15 per share for a total consideration of euro 10.035.000. Following the above transaction, Frigoglass treasury shares represent 4.67% of the outstanding number of shares from 6.91% before.