FRIGOGLASS S.A.I.C.

Announcement of chnages in voting rights

Frigoglass (Issuer) announces in accordance to L.3556/2007 and following receipt of the relevant transaction information on May 24th, 2011 that on the 23rd of May, 2011, the total participation of SMALLCAP World Fund, Inc., in the share capital and voting rights of the Issuer reached 5.16% from 4.72% before, corresponding to 2.084.115 shares held directly. Τhe present announcement consists regulated information and is being published according to the provisions of Law 3556/2007.