Glaston Oyj Abp - Company Announcement

GLASTON CORPORATION DIVIDEND POLICY

Helsinki, Finland, 2013-02-28 10:45 CET (GLOBE NEWSWIRE) -- Glaston Corporation
Stock Exchange Release  28 February 2013 at 11.45 am 

GLASTON CORPORATION DIVIDEND POLICY

The Board of Directors of Glaston Corporation has on 28 February 2013 decided
on a new dividend policy. According to this policy, the Company intends to
distribute annually at least one third of the financial year's result as
dividends to shareholders. Among other things, the Company's result from
operations and prospects, financial position, need for capital, as well as
other factors that the Board of Directors considers as important affect the
amount of possible future dividends and the time of payment. 

The terms and conditions of the new credit facility signed on 7 February 2013
include a restriction for the distribution of dividends. According to the
restriction, no dividend may be distributed from the financial years 2012 and
2013. The restriction will not be applied to dividend distributions as provided
by law. 



Helsinki 28 February 2013
GLASTON CORPORATION
The Board of Directors



For further information, please contact:
Arto Metsänen, CEO and President, Glaston Corporation, Tel. +358 10 500 500
Sasu Koivumäki, CFO, Glaston Corporation, Tel. +358 10 500 500


Glaston Corporation
Glaston is a global company developing glass processing technology for
architectural, solar, appliance and automotive applications. Our portfolio
ranges from pre-processing and safety glass machines to services. We are
dedicated to our customers' continued success and provide services for all
glass processing needs with a lifecycle-long commitment in mind. For more
information, please visit www.glaston.net. Glaston's share (GLA1V) is listed on
the NASDAQ OMX Helsinki Small Cap List. 

Distribution: NASDAQ OMX Helsinki Ltd, Key Media, www.glaston.net