A film laminating adhesive is formed by admixing a polyester resin and encapsulated metallic flakes. The metallic flakes are encapsulated with a silane in a hydrolyzed condition modified with a surfactant or dispersion agent. A mounting adhesive is applied to an outside surface of a first clear PET film. A silicone liner is adhered to the outside surface. A second PET film is bonded to another side of the first clear film with the film laminating adhesive containing encapsulated metallic flakes to form the spandrel glass film composite adapted for bonding to a glass surface after removal of the silicone liner.