The subscriptions of Glaston Corporation's convertible bonds have been approved

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Glaston Corporation Stock Exchange Release  17.6.2009 at 20.15 p.m.
The subscriptions of Glaston Corporation's convertible bonds have been approved 

Glaston Corporation's (the 'Company') Board of Directors has resolved to issue  
convertible bonds (the 'Bonds') as described in the Company's stock exchange    
release dated 16 June 2009 in deviation from the shareholders' pre-emptive      
subscription rights to investors selected by the Board of Directors. An         
aggregate amount of EUR 23,750,000 has been subscribed. The Board of Directors  
has approved the subscriptions on 17 June 2009.                                 

In Helsinki, 17 June 2009                                                       


GLASTON OYJ ABP                                                                 
The Board of Directors                                                          


THESE MATERIALS ARE NOT AN OFFER FOR SALE OF THE BONDS IN THE UNITED STATES OR  
IN ANY OTHER JURISDICTION. THE BONDS MAY NOT BE SOLD IN THE UNITED STATES       
WITHOUT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES
ACT OF 1933, AS AMENDED. GLASTON OYJ ABP DOES NOT INTEND TO REGISTER ANY PORTION
OF SUCH OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF        
SECURITIES IN THE UNITED STATES.                                                


For additional information, please call President&CEO Mika Seitovirta,  +358    
10 500 500                                                                      
Sender:                                                                         
Glaston Corporation                                                             
Agneta Selroos                                                                  
IR and Communications Manager                                                   
Tel. +358                                                                       
10 500 6105                                                                     

Glaston Corporation                                                             
Glaston Corporation is a growing, international glass                           
technology company. Glaston is the global market leader in glass processing     
machines, and a comprehensive One-Stop-Partner supplier to its customers. Its   
product range and service network are the widest in the industry. Glaston's     
well-known brands are Bavelloni in pre-processing machines and tools, Tamglass  
and Uniglass in safety glass machines, and Albat+Wirsam in glass industry       
software.                                                                       
Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Mid Cap            
List.                                                                           
www.glaston.net

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