FRIGOGLASS announces the trading date of new ordinary shares resulting from exercise of Stock Options

Athens, Greece, 18 April 2012 – FRIGOGLASS S.A.I.C. (the “Company”) announces that as of 24 April 2012, 63,958 new ordinary shares will commence trading on the Athens Exchange. The new shares were issued as a result of an increase in the share capital of Frigoglass amounting €19,187.40 following the exercise of Stock Options by one employee of the Company and of its affiliated companies as follows:

- 63,958 new shares at an issuing price of €3.07 per share (according to the Resolution of the General Assembly of 5.6.2009 and 31.5.2011, as well as the Board Resolution of 14.12.2011).

The Board of Directors approved the share capital increase, which does not constitute an amendment of the company's Articles of Association, on 3 April 2012, in accordance with the resolutions of the Company's General Meeting listed above. The Ministry of Development approved and registered the share capital increase with the Registry of Societes Anonymes by virtue of its decision no. K2-2256/10.4.2012.

The Listings and Corporate Actions Committee of the Athens Exchange approved on 17 April 2012 the commencement of trading of 63,958 new ordinary shares of the Company.

The Board of Directors of the Company has resolved that trading of the abovementioned new shares on the Athens Exchange will commence on 24 April 2012. The new shares will be credited to the securities accounts (SAT accounts) of the beneficial shareholder before the date the shares will debut trading. The opening price of the Company's shares on the above date will be determined in accordance with the Regulations of the Athens Exchange.

Information pursuant to article 4, par. 2(f), of Law 3401/2005 is available at the offices of the Company (15, A. Metaxa Str, Athens, Greece) and in electronic form on the website of the Company www.frigoglass.com, as well as on the website of Athens Exchange www.ase.gr.

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

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