Corbion N.V. — M&A Activity 2008

Jul 15, 2008

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 communications@csm.nl

Press Release

CSM PLANS TO SELL ITS PURAC GLUCONATES PRODUCTION PLANT IN THE NETHERLANDS

Diemen, the Netherlands, July 14, 2008 – CSM announces that negotiations with AVEBE have progressed so well that it has signed a Heads of Agreement with the intention to sell the gluconates production plant of its subsidiary PURAC in Ter Apelkanaal to AVEBE. The completion of the transaction is scheduled for September 30, 2008.

The intended transaction comprises the transfer of all 68 employees to AVEBE.

The intended sale of the production plant in Ter Apelkanaal is part of the strategic restructuring of PURAC's manufacturing footprint, which was announced in September 2007.

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For more information, please contact:

Press: Mirko Creyghton, Director Corporate Communications, tel. +31 (0)20 5906320 / cell phone +31 6 53527622 Analysts: Ian Blackford, Investor Relations Manager, tel. +31 (0)20 5906349 / cell phone +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-to-business 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 23 countries. CSM is listed on Euronext Amsterdam. For more information: www.csm.nl.