85GQ Anz Bank 43

RNS Number:1716H
Nippon Sheet Glass Company Limited
08 November 2007

              NSG to Post Extra-ordinary Loss in FY 2008 Half Year

Nippon Sheet Glass Co., Ltd., the ultimate holding company of NSG Group,  
(hereinafter "the Company") announces its plan to post extra-ordinary loss for 
the half year ending 30th September 2007 as below:


1.       Background


The Company reviewed the security value on its equity in one of affiliate
companies and now decided to write it down by approximately JPY 500 million of
the gap between its book value and fair value due to its impairment. By this
treatment, the corresponding amount of extra-ordinary loss will be posted for
the half year to 30th September 2007.


2.       Impact on the forecast


No changes are being made to the forecast of the Company's operating result.


END


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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