Frigoglass
Response to the Hellenic Capital Markets Commission's letter in relation to the Group's business activities in Cyprus

Athens, March 28, 2013 – Frigoglass, in response to the Hellenic Capital Markets Commission's letter with protocol number 1257/27.03.2013, informs the investment community in connection to the Group's business activities in Cyprus as follows:

a)    There are no deposits of the Group in Bank of Cyprus and Cyprus Popular Bank (CPB).

b)    The Group has no exposure to securities (shares or bonds) or other financial instruments in any of the aforementioned banks.

c)    For the financial year 2012, the percentage of revenues generated in Cyprus settled at 0.3% of the total Group revenues.

d)    Taking into account all of the above and what is known to the Company to-date, we do not expect any material impact on the Group's turnover, financial results, or financial position.

ENQUIRIES
Frigoglass
John Stamatakos  
Investor Relations Manager
Tel: +30 210 6165767
E-mail: jstamatakos@frigoglass.com

European financial press contact
FTI Consulting
Mark Kenny/Jonathan Neilan
Tel: + 353 1 66 33 686
E-mail: Jonathan.Neilan@fticonsulting.com