Glaston's negotiations with financial institutions continue

GLASTON CORPORATION, Stock Exchange Release, 21.1.2011 at 13.15 (EET)

Glaston’s negotiations with financial institutions continue

Glaston Corporation’s negotiations with its financial institutions on the company’s long-term financing solutions are currently ongoing. The talks are progressing in a positive atmosphere but are expected to continue longer than initially envisaged. The parties’ aim is to sign the agreement by the end of February 2011.

In its Interim Report on 27 October 2010, Glaston announced that it was negotiating the renewal of its existing financing agreements. At the time, negotiations were to be concluded by January 2011.

For further information, please contact Tapio Engström, CFO, Glaston Corporation, tel: +358 (0)10 500 6419

Glaston Corporation
Glaston Corporation is an international glass technology companyand a pioneer of glass processing technology.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 Small Cap List.

Distribution: NASDAQ, OMX, key media, www.glaston.net