2009-11-20

Glaston concludes EUR 74 million revolving credit facility agreement

GLASTON CORPORATION      Stock Exchange Release 20th November 2009 at 2.15 p.m.


Glaston concludes EUR 74 million revolving credit facility agreement            

Today, Glaston Corporation has signed a EUR 74 million revolving credit facility
agreement with its core banks. This loan will supersede the arrangements of a  
corresponding size made earlier with the same banks. The loan period is two    
years, with an option of a one-year  extension period subject to agreement      
between the parties. It is intended to cover the Corporation's general financing
requirements and the repayment of earlier, bilateral arrangements.              

The agreement includes covenants and borrower obligations in line with market  
practices. In addition, the terms of the agreement set restrictions on dividend
payments. Dividend payment is thereby conditional on Glaston's gearing, which  
may not exceed 80% before or after any dividend payment. These restrictions do  
not apply to statutory dividends.                                              

Pohjola Bank will function as the mandated lead arranger for the agreement, with
Sampo Bank and Nordea as the arrangers.                                        


Further details: Kimmo Lautanen, CFO, Glaston Corporation, tel. +358 (0)10 500  
6419.                                                                          






Submitted by:                                                                  
Glaston Corporation                                                            
Agneta Selroos                                                                  
IR and Corporate Communications Manager                                        
Tel. +358 (0)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                                                                

Distribution: OMX, Main media, www.glaston.net

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