Corbion N.V. — Earnings Release 2008

Jan 19, 2009

CSM nv

Postbus 349 1000 AH Amsterdam

Nienoord 13 1112 XE Diemen

T 020 590 69 11

F 020 695 19 42

E info@csm.nl I www.csm.nl

Press release

CSM EFFICIENCY IMPROVEMENT RESULTS IN 125 JOB LOSSES

Diemen (The Netherlands), December 17, 2008 – CSM today announces redundancies in its factories in Wirral, UK and Aartselaar, Belgium. These measures are an integral part of our strategy to improve efficiencies in the supply chain as we strengthen our position as the global leader in Bakery Supplies.

There will be an overall reduction of 125 FTE's, representing up to 30% of total workforce in both factories. CSM will offer its support in finding alternative employment. The majority of the reductions will be achieved by the release of temporary staff and those on short term contracts. The reductions will be phased in until end 2009 as efficiency improvements are implemented in both factories.

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For more information, please contact:

Press: Sonya Richardson, Director Communications, tel. +31 (0)20 5906216 / mobile +31 (0)6 5241 1841 Analysts: Ian Blackford, Investor Relations Manager, tel. +31 (0)20 5906349 / mobile +44 (0)7767 227506

Background information:

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 in-store as well as out-of-home markets. It also produces a variety of lactic acid applications for the food, chemical and pharmaceutical industries. CSM operates in business-tobusiness markets throughout Europe, North America, South America, and Asia, generates annual sales of € 2.5 billion and has a workforce of around 8,700 employees in 24 countries. CSM is listed on Euronext Amsterdam. For more information: www.csm.nl.