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Αnnouncement of Share Buy Back

Frigoglass S.A announces, in accordance with the provisions of art. 4 par. 4 of the European Commission Regulation 2273/2003, that by implementation of the decision of the Extraordinary General Meeting of 5th of September 2008 and the resolution of the Board of Directors of 2nd October 2008, it purchased on 17th οf May 2010 through NATIONAL P&K SECURITIES 3.374 own shares with average purchase price of Euro 10,00 per share and total purchase price Euro 33,762.89.

INQUIRIES Company Contacts Lillian Phillips

Polina Atmatsiadi

Investor Relations Manager

Investor Relations Analyst

Tel: +30 210 6165757

Tel: +30 210 6165767

E-mail: lphillips@frigoglass.com

E-mail: patmatsiadi@frigoglass.com

European Contact Greg Quine Financial Dynamics London Tel: +44 207 269 7206 E-mail: greg.quine@fd.com

18 May 2010


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