Asahi Glass announces Issuance of Stock Option

Asahi Glass Co., Ltd. resolved at the meeting of its Board of Directors on April 13, 2005, regarding the details of purchase options on new stock to be issued in accordance with the provisions of Article 280, Paragraphs 20 and 21 of the Commercial Code of Japan and the resolution of the Company’s 80th Ordinary General Meeting of Shareholders held on March 30, 2005, as stated hereunder.
The acquisition price for the shares on the execution of purchase options on new stock and other undecided matters will be decided on June 1, 2005, when the issue of the purchase options on new stock in question is planned.