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Vitro receives notice of put option exercise

Vitro receives notice of put option exercise concerning shares of Vitro Cristalglass

Vitro, S.A.B. de C.V. announced that its subsidiary Viméxico, S.A. de C.V. has been notified by the Prado Family members and Invergar Participaciones Inmobiliarias, S.L., that they are exercising their right and option to sale their 40 percent stake in the European joint venture Vitro Cristalglass, S.L. (Vitro Cristalglass).

Consistent with the terms of such notice, Viméxico is analyzing the alternatives to acquire these shares with due date September 10, 2008 in an estimated amount of $31 million Euros.

The commitment, which is described on our 20-F, is consistent with the terms established in the purchase agreement signed in May of 2001 when Vitro acquired 60 percent of the European company.

Vitro Cristalglass is part of Vitro’s Flat Glass business unit and is the industry leader in the manufacturing, distribution and marketing of specialty glass for the construction industry in Spain and Portugal. It is also currently participating in the French construction industry with its subsidiary Vitro Cristaglass France.


24.07.2008, Vitro, S.A. de C.V.

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