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

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GLASTON CORPORATION   Stock Exchange Release 18.2.2010 at 17.45 
                                                             

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 published earlier today on 18 February 2010, in deviation from the      
shareholders' pre-emptive subscription rights to investors selected by the Board
of Directors. The Bonds with a maximum aggregate amount of EUR 6,250,000 have   
been fully subscribed and the Company's Board of Directors has on 18 February   
2010 approved subscriptions for the total amount of EUR 6,250,000.              

In Helsinki, 18 February 2010                                                   


GLASTON CORPORATION                                                             
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 Arto Metsänen, +358       
10 500 6100                                                                     

Sender:                                                                         
Glaston Corporation                                                             
Agneta Selroos                                                                  
IR and Communications Manager                                                   
Tel. +358 10 500 6105                                                           

Glaston Corporation                                                             

Glaston Corporation is an 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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