Glaston Interim Report 1 January -30 June 2008

• In January-June, orders received totalled EUR 115.1 (124.9) million.
• Glaston's order book on 30 June 2008 was EUR 98.9 (116.2) million.
• In January-June, the Group's net sales grew by 10% to EUR 135.7 (123.7) million. In the second quarter, net sales totalled EUR 72.6 (65.6) million.
• Operating profit in January-June excluding non-recurring items was EUR 5.4 (5.5) million, i.e. 4.0 (4.4)% of net sales. Operating profit in the second quarter was EUR 3.8 (3.8) million, i.e. 5.2 (5.8)% of net sales. *)
• Return on capital employed (ROCE) was 8.3 (3.3)%.
• Earnings per share in January-June were EUR 0.05 (0.00).
• Glaston expects net sales and operating profit for the whole year to be at the previous year's level.

*) 1-6/2007 non-recurring items EUR -7.3 million; 4-6/2007: EUR -7.3 million.

GLASTON CORPORATION
Stock Exchange Release 14 August 2008
for more information www.glaston.net