Grant of Share Options

Superglass Holdings Plc

("Superglass" or "the Company")

Grant of Share Options

The Company announces that on 23 December 2013, a total of 189,873 share options (the "Share Options") over ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") were granted to John Colley, Executive Chairman of Superglass for nil consideration, under the Superglass Holdings plc Performance Share Plan ("PSP"). These Share Options will vest on 23 December 2016, subject to, inter alia, certain performance related criteria being met, and are exercisable for seven years from the date of vesting, at an exercise price of nil pence per Ordinary Share.

The Share Options are subject to the achievement of certain performance conditions as specified by the Remuneration Committee. The Company's EBITDA (as defined below) in the financial year ending 31 August 2016 (the "Performance Period") must match or exceed the targets set out in the table below in order for any Share Options to vest, with the number to be determined as follows:

¹EBITDA is defined as earnings before interest, tax, depreciation and amortisation.

EBITDA of £5.0m is estimated to be equivalent to earnings per share of 5.8p; and EBITDA of £3.5m is estimated to be equivalent to earnings per share of 1.0p (in each case based on the current issued share capital).

In the event that the Company's EBITDA increases due to factors not relating to the performance of the existing business, such as an acquisition, the Remuneration Committee, acting fairly and reasonably, may make adjustments to the EBITDA targets.

Following the grant of the Share Options, John Colley holds 20,000 Ordinary Shares, representing 0.07% of the issued share capital of the Company. In addition, he holds the following share options under the following schemes:

· 189,873 under the Company's PSP

In addition, on 23 December 2013 the Company has made the following grant of share options to Mark Atherton, an applicable employee:

· 37,974 under the Company's PSP on the same terms as those outlined above but with an exercise price of 39.5p

· 75,949 under the Company Share Option Plan, with no performance criteria attached and with an exercise price of 39.5p

Further information

1. The Company has 28,007,557 Ordinary Shares in issue (including 790 Ordinary Shares held in treasury).

2. The Company now has a total of 699,640 share awards and options outstanding, under the Company Share Option Plan and PSP, representing 2.50% of the issued share capital of the Company.

For further information, please contact:

Superglass Holdings Plc

Alex McLeod, Chief Executive Officer 01786 451170

Chris Lea, Finance Director

N+1 Singer

Richard Lindley 0113 388 4789