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FRIGOGLASS S.A.I.C.

Changes regarding the organizational structure of Frigoglass

April 7, 2006 We inform you on the latest changes regarding the organizational structure of Frigoglass.

1) Mr. Panagiotis Giannopoulos, former Nigeria Operations Director, has been appointed to the position of Ice Cold Merchandising Sales Director and will be based in Athens, Greece.

2) Mr. Vangelis Apostolakopoulos will succeed Mr. Giannopoulos as Nigeria Operations Director. Mr. Apostolakopoulos joins us after several years of international assignments in Finance and other Operational roles with Pharmaceutical and Beverage companies. Will be based in Lagos, Nigeria.

Company Contacts:
Lillian Phillips
Investor Relations Manager
Tel: +30 210 6165757
E-mail: lphillips@frigoglass.com

Efi Chassapi
Financial Analyst
Tel: +30 210 6165707
E-mail: echassapi@frigoglass.com



For further information, please contact: Frigoglass S.A.I.C. Lillian Phillips, Investor Relations, tel (+30 210) 616-5757, fax (+30 210) 619-9097, or tel (free of charge) 800-1139800 or Mr. Nicolas Bornozis, President at Capital Link Inc. in New York at (212)661-7566. This and additional information can also be accessed on Capital Link's website.

     




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