Vitreous Glass Inc.: News Release

NOT FOR DISSEMINATION TO THE US OR TO US NEWSWIRES

Vitreous Glass Inc. (the "Corporation") (TSX VENTURE:VCI) is pleased to announce
that the Corporation declared a cash dividend (the "Dividend") today of $0.06
per common share to be paid on August 15, 2012 to the shareholders of record as
of the close of business on August 1, 2012. Although this is a special Dividend,
depending on the results of business, the Corporation hopes to be able to
continue to pay dividends on a regular basis. 


The Dividend is considered an "eligible dividend" for tax purposes.

The Corporation had approximately 6,083,667 common shares issued and outstanding
as at July 16, 2012.