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15.12.2005

SALE OF V.P.I. S.A. SHAREHOLDING

December 15, 2005 FRIGOGLASS S.A.I.C. announces that today December 15th 2005, it reached an agreement for the sale of its shareholding in V.P.I. S.A., i.e. 421,260 shares corresponding to 51% of the share capital, to Selenis Hellas S.A.. Selenis Hellas S.A. is a Greek subsidiary of the Portuguese company Selenis S.G.P.S. S.A., which is one of the leading European producers of Pet resin and part of the Imatosgil Investimentos Group.

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Frigoglass, 15, A. Metaxa str. GR-145 64,
Kifissia, Athens Greece

P: +30 2106165700

info@frigoglass.com

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