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FRIGOGLASS S.A.I.C.

Comment on press article

May 11, 2006 Further to an article which appeared in the Greek financial publication "SYMVOULOS" on 10 May 2006, entitled "Frigoglass ‘looks at’ Mevaco" and a relevant query received from the Athens Exchange (protocol no. 21297/10.5.2006), Frigoglass informs investors that the metal processing company ΜΕVACO S.A. has been one of Frigoglass’ numerous suppliers for over a decade.

Frigoglass firmly denies the rumours that have surfaced suggesting a possible broader business co-operation between Frigoglass and MEVACO S.A.



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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