Directorate Change

Superglass Holdings PLC

("Superglass" or the "Company")

Appointment of Chairman Designate

The Board of Superglass is pleased to announce the appointment of John Colley as a non-executive Director with immediate effect. John will succeed Tim Ross as Chairman of the Company on 31 March 2012, at which time Tim (as previously announced) will step down as a Director.

John has worked for over 20 years in the building materials industry and has worked at executive director level for 8 years. His board experience has included the roles of Group Managing Director of BPB plc, with responsibility for Northern and Eastern Europe; and as Executive Managing Director of St Gobain (following its acquisition of BPB) with responsibility for the Gypsum and Insulation Northern and Eastern Europe Division, a business with €1.8bn of annual sales. John is currently a non-executive director of two private equity businesses, Jablite Ltd and Styropack Ltd, and sits on the management committee of the parent group Synbra bv. He is also a past President of the Construction Products Association the industry trade body representing the construction industry. John brings a track record of adding value through sales growth and cost management together with extensive experience of operational restructuring and refocusing businesses.

Commenting on John's appointment, outgoing Chairman of Superglass Tim Ross said:

"I am delighted that the Board has secured the appointment of John Colley as Chairman of Superglass. His knowledge of, and extensive experience within, the European insulation manufacturing sector will be of significant benefit in driving shareholder value as the Company implements its recovery and growth plan for the business."

John Colley commented:

"I am delighted to be joining the board of Superglass at this time and taking over as Chairman. The Company operates in a sector I know well. It has been successfully restructured, with support from shareholders, to provide a sound foundation for the future. I look forward to bringing the benefit of my experience to working with CEO Alex McLeod to build on this platform and deliver the turnaround in the business."

There is no further disclosure required to be made under Listing Rule 9.6.13R.

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