Glaston Interim Report 1 January - 30 June 2009                                 

-Orders received in January-June totalled EUR 67.3 (136.8) million. During      

 April-June orders received totalled EUR 40,5 million, a growth of 51% compared 

 to the first quarter of the year. 

-Glaston's order book on 30 June 2009 was EUR 37.1 (100.3) million.             

-Consolidated net sales in January-June totalled EUR 84.4 (135.7) million.      

-The operating result in January-June was a loss of EUR 19.5 (5.4 profit)       

 million, representing -23.1 (+4.0)% of net sales. 

-The operating result, excluding non-recurring items, was a loss of EUR 15.2    

(5.4 profit) million.                                                           

-Return on capital employed (ROCE) was -19.7 (+8.3)%.                           

-January-June earnings per share were EUR -0.23 (+0.05).                        

-Due to a weak order book in early 2009 and exceptionally low demand, Glaston   

 still expects 2009 net sales to fall short of the 2008 level. Due to the 

 reduced order book in the first quarter, third quarter net sales are expected

 to be low, and the July-September operating result is expected to be a loss.

GLASTON CORPORATION

Interim Report 11 August 2009

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