Vitro Announces Successful Closing of Trade Receivables Securitization From Its Subsidiary Vitro Plan

SAN PEDRO GARZA GARCIA, NUEVO LEON, Mexico, Aug. 25 /PRNewswire-FirstCall/ -- Vitro, S.A. de C.V. ("Vitro") (NYSE: VTO; BMV: VITROA) announced that its subsidiary Vitro Plan, S.A. de C.V. ("Vitro Plan"), Vitro's flat glass division, closed on August 22nd, 2005 the private issuance of US$21.5 million in Notes, placed through a trust, at an interest rate of 6.5 percent. The trust was specifically formed for this securitization transaction. Interest and principal on the debt from the Notes are payable from receivables to be originated by four subsidiaries of Vitro Plan. The Vitro Plan subsidiaries that will be assigning receivables to the trust are: Distribuidora Nacional de Vidrio, S.A. de C.V. ("Dinavisa"), Vitro Flotado Cubiertas, S.A. de C.V. ("VFC"), Vitro Automotriz, S.A. de C.V. ("VAU") , and Vitro Vidrio y Cristal, S.A. de C.V. ("VVC").

This Mechanism has proven to be cost efficient financing for Working Capital, as well as being innovative in the Mexican Market.

Vitro Plan will use the proceeds to finance working capital and debt refinancing. The transaction will not increase the company's on-balance sheet debt.

The transaction received a rating of A.mx from Standard & Poor's Mexico.

Vitro, through its subsidiary companies, is one of the world's leading glass producers. Vitro is a major participant in three principal businesses: flat glass, glass containers and glassware. Vitro serves multiple product markets, including construction and automotive glass; food and beverage, wine, liquor, cosmetics and pharmaceutical glass containers; glassware for commercial, industrial and retail uses. Founded in 1909 in Monterrey, Mexico- based Vitro has joint ventures with major world-class partners and industry leaders that provide its subsidiaries with access to international markets, distribution channels and state-of-the-art technology. Vitro's subsidiaries have facilities and distribution centers in eight countries, located in North, Central and South America, and Europe, and export to more than 70 countries worldwide. For further information, please visit our website at: http://www.vitro.com/

   For more information please contact:

   Investor Relations
   Adrian Meouchi / Leticia Vargas
   Vitro S.A. de C.V.
   + (52) 81-8863-1350 / 1219
   ameouchi@vitro.com
   lvargasv@vitro.com

   U.S. agency
   Susan Borinelli / Michael Fehle
   Breakstone Group
   (646) 452-2336
   sborinelli@breakstone-group.com
   mfehle@breakstone-group.com

   Media Relations
   Albert Chico
   Vitro, S.A. de C.V.
   + (52) 81-8863-1335