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 24th οf August 2009 through EFG

EUROBANK Securities 5,606 own shares with average purchase price of Euro 6,30 per

share and total purchase price Euro 35,351.74

INQUIRIES

Company Contacts

Lillian Phillips

Investor Relations Manager

Tel: +30 210 6165757

E-mail: lphillips@frigoglass.com

Polina Atmatsiadi

Investor Relations Analyst

Tel: +30 210 6165767

E-mail: patmatsiadi@frigoglass.com

European Contact

Greg Quine

Financial Dynamics London

Tel: +44 207 269 7206

E-mail: greg.quine@fd.com

25 August 2009