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Corbion N.V. Earnings Release 2007

Oct 15, 2007

3826_iss_2007-10-15_b019b4fa-6884-4d94-a8c0-5a1107f984f6.pdf

Earnings Release

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CSM nv Corporate Communications

P.O. Box 349 1000 AH Amsterdam The Netherlands

Nienoord 13 1112 XE Diemen

T +31 (0)20 590 62 16 F +31 (0)20 590 62 17 E [email protected]

Press Release

CSM UPDATES FINANCIAL MARKETS ON PURAC BUSINESS

Diemen, the Netherlands, 15 October 2007 – CSM will present its views on the lactic acid market in a meeting with investors and financial analysts on 16 October 2007. During the meeting CSM and PURAC management will focus on the "Volume to Value" strategy to deliver profitable growth and shareholder value. CSM targets an increase in both return on sales and return on capital employed to 15-20% for PURAC by 2009.

At the investor meeting management will give an update on PURAC in general and on developments of the PURAC business units Food & Nutrition, Meat & Poultry and Chemicals & Pharma, their markets, and the competitive environment.

On 26 September of this year PURAC announced its new manufacturing footprint. PURAC is determined to further strengthen its global leadership position by concentrating the production of high quality lactic acid at low costs in Thailand, Brazil, and the US. Plans for driving cost leadership in lactic acid will be presented. Lactic acid market growth - driven by the rising demand for natural sustainable materials - will underpin expectations of compound volume growth of 8-10% in the coming years.

On 15 August of this year PURAC announced the introduction of new solutions for the bio-plastics industry. Market opportunities and product development activities in the field of PLA (Poly-Lactic Acid) will be highlighted.

The presentations at the investor meeting can be viewed on the CSM website (www.csm.nl) from 9.00 am CET on 16 October 2007. A web cast of the presentations will be available from 17 October 2007.

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For more information, please contact:

Press: Mirko Creyghton, Director Corporate Communications, tel. +31 (0)20 5906216/cell phone +31 6 53527622 Analysts: Ian Blackford, Investor Relations Manager, tel. +31 (0)20 5906349 / cell phone +44 (0)7767 227506

Background information

About PURAC

PURAC is global market leader in lactic acid, has 70 years of experience and owns a broad portfolio of patents. PURAC has state-of-the-art lactic acid plants located in areas with favourable carbohydrate feedstock. A new lactic acid plant in Thailand will be operational early 2008. PURAC is a CSM company with annual sales of € 295 million and a workforce of around 1000 employees. PURAC operates in Europe, North America, Brazil and Asia. For more information: www.purac.com.

About CSM

CSM is the largest supplier of bakery products worldwide and is global market leader in lactic acid and lactic acid derivatives. CSM produces and distributes an extensive range of bakery products and ingredients for artisan and industrial bakeries and for out-of-home markets. It also produces a variety of lactic acid applications for the food, chemical and pharmaceutical industries. CSM operates in business-to-business markets throughout Europe, North America, South America and Asia, generates annual sales of € 2.4 billion and has a workforce of around 8,600 employees in 22 countries. CSM is listed on Euronext Amsterdam. For more information: www.csm.nl.