METRO PERFORMANCE GLASS LIMITED — M&A Activity 2016

Aug 31, 2016

NZX.MPG, ASX.MPP

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1 September 2016

Completion of Australian Glass Group Acquisition

Metro Performance Glass Limited is pleased to announce that it has completed the transaction to acquire 100% of the shares in Australian Glass Group (Holdings) Pty Ltd for a purchase price of A$43.1 million.

Ends. For further information please contact:

John Fraser-Mackenzie

Company Secretary & Chief Financial Officer (+64) 027 551 6751 - john.fraser mackenzie@metroglass.co.nz

About Metro Performance Glass

Metro Performance Glass (NZX.MPG; ASX.MPP) is the largest value added glass processor in New Zealand. It produces a range of customised glass products that are predominantly used in residential and non-residential construction applications such as windows, doors, internal partitions, balustrades, facades, showers, mirrors, furniture and splash backs. Metro Performance Glass has national coverage through its 17 sites, including four major processing sites, a fleet of over 300 service vehicles and more than 800 employees across New Zealand. Learn more: www.metroglass.co.nz

About Australian Glass Group

Australian Glass Group (“AGG”) was founded in 2008 and has glass processing plants in Melbourne and Sydney that supply double glazed glass units, custom laminates and toughened safety glass for residential and commercial projects across Victoria, New South Wales, Australian Capital Territory and Tasmania. AGG is the third largest glass processor in Victoria and New South Wales and its sales are predominantly driven by new detached dwellings along with alterations & additions. Learn more: http://www.australianglassgroup.com.au

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