GLASTON'S ORDER BOOK AND SALES AT RECORD HIGH LEVELS

Key figures for January-June

• The Group's net sales were EUR 123.7 (98.6) million, up by 25.6%
• Operating profit grew and was EUR 5.5 (1.9) million, excluding non-recurring items
• New orders rising strongly: order book grew 49% and on 30 June 2007 was EUR 121.6 million (EUR 81.8 million on 30 June 2006)
• OSP, i.e. total solutions, sales totalled EUR 47.8 (18.8 for whole of 2006) million, a new record
• In non-recurring items, post-delivery costs incurred in projects delivered during 2006, and operational restructuring expenses, totalled EUR 7.3 million
• Non operational land property; decision to dispose. Upcoming capital gains estimated at EUR 4 million
• New organisation structure and segmentation introduced following the completion of sales of the Energy business
• The business segments to be reported are Pre-processing, Heat Treatment and, as of Q3 onwards, Software Solutions

GLASTON CORPORATION
STOCK EXCHANGE RELEASE 16 August 2007

for more information www.glaston.net

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