The Annual General Assembly Meeting of "Frigoglass Commercial Refrigerators S.A.I.C" which took place on June 10th 2005 among other subjects of the agenda has decided and approved the following:

The distribution of a dividend of EUR 0.14 per share was approved and the date of the AGM was set as the record date. As of Monday 13 June 2005, the company?s share will trade ex dividend. The distribution of dividend will commence on the 12th of July 2005.