GLG CORP LTD — AGM Information 2007

Nov 7, 2007

GLG CORP LTD Annual General Meeting 8[th] November 2007 WELCOME

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GLG CORP LTD – 2007 Annual General Meeting

Meeting Format

GLG Corp Ltd Results Deputy Chairman Review Half-Year Ended 31 December 2005 Accounts and Reports Formal Resolutions Other Business - Close GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer 6-7 March 2006 2

GLG CORP LTD – 2007 Annual General Meeting

Introductions GLG Corp Ltd Results GLG Corp Half-Year Ended 31 December 2005

• Estina Ang Suan Hong - Chairman and Chief Executive Officer

• Samuel Weiss – Non Executive Deputy Chairman

• Eu Mun Leong – Director and Chief Financial Officer

• Ernest Seow – Independent Director

• • GK Soh Chief Executive Officer Yong Y ~~in M~~ in – Director

• • Eu Mun Leong - Chief Financial Officer Chr ~~isto~~ pher Chong – Independent Director

• Deloitte Touche Tohmatsu

• Lyn Cox – Partner

• 6-7 March 2006

• • David Paynter- Client Manager

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GLG Corp Ltd Results

Half-Year Ended 31 December 2005 DEPUTY CHAIRMAN’S REVIEW - GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer 6-7 March 2006 4

GLG CORP LTD – BUSINESS MODEL

~~GLG Corp Ltd~~ Revenue 100% Results Gross Profit Half-Year Ended 31 December 2005 9.5% Administrative and other costs 5.5% to 6.0% NPAT 3.5% to 4.0%

• Supply chain manager

• Knitwear Specialist - GK Soh Chief Executive Officer • ~~m cu~~ Long ter stomer relationships with US Retailers Eu Mun Leong - Chief Financial Officer • Outsta ~~ndi~~ ng service record • Value - Add Services

• Fabric R&D and innovation

• Fabric and Accessories Sourcing

• • Product Development and Design 6-7 March 2006 • Fty QA, Compliance and Logistic Training and Consultancy

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Financial Year Highlights

Sales up 11.5% to US$220.6 million. GLG Corp Ltd NPAT of US$8.1 million (down 13.1% from 2006.) Results Half-Year Ended 31 December 2005 DPS of US 6.2 cents YIELD 9.4%. EPS of US 10.9 cents. PER 6.0x. NTA per share US 31.8 cents. Up 22.9% Success in new customer strategy

- Increa GK ~~se in~~ Soh market share despite tough competition Chief Executive Officer Eu Mun Leong - Chief Financial Officer

6-7 March 2006

*As at Record Date Price: A$0.75 A$0.88: US$1

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GLG Corp Ltd
GLG Corp Ltd Results Half-Year Ended 31 December 2005 Financial Update 30 June 2007
GKSoh -	Chief Executive Officer
Eu Mun Leong -	Chief Financial Officer
6-7 March 2006
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A Global Textile & Apparel Supply Chain Manager

Consolidated P&L Analysis: - Full year ended 30 June 2007

	30 June 2007 US$ million	30 June 2006 US$ million	% change
Revenue	220.6	197.8	11.5%
Cost of Sales	(199.0)	(178.2)	(11.7)%
Gross profit	21.6	19.6	10.2%
Other Income	2.0	2.3	(13.0)%
Distribution expenses	(1.3)	(1.1)	(18.2)%
Administrative expenses	(10.8)	(8.8)	(22.7)%
Finance cost	(1.5)	(1.3)	(15.4)%
Other expenses	(1.1)	(0.7)	(57.1)%
Profit before tax	8.9	10.0	(11.0)%
Income tax expense	(0.8)	(0.7)	(14.3)%
Profit after tax	8.1	9.3	(12.9)%

Balance Sheet Analysis: SummaryConsolidated P&L Analysis:

	Half-ye	Half-ye	Half-ye	Half-ye	Half-ye	ar ended 31 30 Jun 2007 US$ million	December 30 Jun 2006 US$ million	2005 Variance
	CURRENT ASSETS Cash					2.5	5.1	(51.0)%
	In A$ million at a AUD/USD exchange rate of 0.73 Trade Receivab	Proforma le		Varience	% Varienc	22.3	16.8	32.7%
	(For illustration purposes only. The reporting currency of GLG is the US$) Advance, prepa	~~31 December~~ 2004 yments & ot	~~31~~ December ~~2005~~ her r ceiva	ble	e	0.8	0.7	14.3%
	NON-CURRENT	ASSETS				5.1	9.1	(44.0)%
	TOTAL ASSETS					30.7	31.7	(3.2)%
	CURRENT LIAB Accounts payab	ILITIES le				3.6	3.4	(5.9)%
	Interest Expenses Interest bearing	0.282 liabilities	0.577	0.295	105%	0.8	5.4	85.2%
	Other financial	liabilities				-	-	-
	Borrowings (average) Tax provision	21.4	20.8	(0.6)	(3)%	1.1	0.8	(37.5)%
	Interest Rate ~~NON-CURRENT~~	4.44% ~~LIABILITIE~~	7.56%	3.12	70%
	Interest bearing	liabilities				1.6 0.1	2.2 0.1	27.3% -
	Interest Variance due to interest rate increase Tax liabilities				0.326
	NET ASSETS					23.5	19.8	18.7%
	~~Interest variance due to borrowings decrease~~ EQUITY & RESERVES				(0.031)	23.5	19.8	18.7%
	A Global T Total Net Increase in Interest					9 Apparel Supply Chain Manager
					extile & 0.295

Cash Flow Statement Consolidated P&L Analysis:

Ca	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement	Consolidated P&L Analysis: sh Flow Statement
	~~Half-year ended 31~~ Results: Full-year ended 30 June 2007						~~Decemb~~ 2007 US$m	~~er 2005~~ 2006 US$m
	% Varienc e Varience 31 December 2005 Proforma 31 December 2004 on at a AUD/USD rate of 0.73 ration purposes only. ting currency of GLG ) Receipts from customers Payments to suppliers and employees Interest paid Income taxes refund/ (paid) Interest received Net Operating Cash Flows						223.4 (210.1) (0.8) (0.6) 0.3 12.2	194.4 (185.3) (0.8) (0.5) 0.4 8.2
In A$ milli exchange (For illust The repor is the US$	on at a AUD/USD rate of 0.73 ration purposes only. ting currency of GLG ) Interest p Income ta Interest re Net Opera	Proforma 31 December 2004 aid xes refund/ ceived ting Cash	31 December 2005 (paid) Flows	Varience	% Varienc e
	Net Inves	ting Cash F	lows				(0.7)	(0.5)
	Proceeds ~~Pt~~	from issue ~~lti t~~	of shares ~~Iitil P~~	~~li Off~~	~~i~~	d Listing	- - (4.6) (9.5) (14.1)	11.5 (1.4) - (13.4) (3.3)
Interes	t Expenses ~~aymen~~ Dividends	0.282 ~~reang o~~ paid	0.577 ~~na u~~	0.295 ~~c~~	105% ~~rng a~~
Borrow	ings (average) Proceeds Net Finan	21.4 /Repaymen cing Cash	20.8 t from bor Flows	(0.6) rowing	(3)% s
Interest	Rate Net increa Cash at th	4.44% se (decrea e Beginnin	7.56% se) in cas g Period	3.12 h held	70%		(2.6) 5.1 2.5	4.4 0.7 5.1
A Global T Interest Variance due to interest rate increase Interest variance due to borrowings decrease Total Net Increase in Interest Cash at End of Period	t Variance due to interest rate increase Cash at End of Period				0.326
						10 Apparel Supply Chain Manager
					(0.031)
					extile & 0.295

GLG Corp Ltd

Management & Operations GLG Corp Ltd Results Half-Year Ended 31 December 2005 GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer 6-7 March 2006 11

GLG Corp Ltd Management Structure GLG Corp Ltd Management

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Board
Executive Chairman/ CEO
Estina Ang Suan Hong
Chief Product Sourcing
and Business
Group CFO Chief Marketing Officer
Development
Eu Mun Leong Surina Gan Meng Hui
Officer
Agnes Ng Moi Ngw
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Marketing Focus

Customers Specialty Retailers & Department Stores National Brands Non US Customers Product Fabric development/sourcing Specialty wash finishes Dedicated teams for each customer or customer group

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Growth from New Customers in Specialty Stores, Department Stores and Brands

Customer

Revenue 2007

Lands End Phillips-Van Heusen (PVH) Hanes Brands Belk Department Stores Saks Department Stores GAP

$ 0.3 mil $ 3.7 mil $18.8 mil $ 4.1 mil $ 3.1 mil $ 0.6 mil

Exceeded budgeted US$25 million for new customers

In 2008 to expand this group to include new customers such as Abercrombie & Fitch, New Balance, Levis, and Pacific Sun-wear bringing in total of US$40 million.

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GLG Corp Ltd	GLG Corp Ltd
GLG Corp Ltd Results Outlook and	Prospects
Half-Year Ended	31 December 2005
GKSoh	- Chief Executive Officer
Eu Mun Leong	- Chief Financial Officer
6-7 March 2006
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	A Global Textile & Apparel Supply Chain Manager

Sales Bookings and Shipments Update (US$ Million)

FY07 FY08 Remarks Actual Sales Sales Bookings Jul – Sep’07 Q1 59.5 59.4 100% completed for Q1 Oct – Dec’07 Q2 68.7 56.7 100% bookings completed and 45% shipped for Q2 Total 1[st] Half 128.2 116.1 Jan – Mar’08 Q3 48.5 26.7 Bookings about 45% completed for Q3 � Between US$2M to US$4M of Q2 deliveries may be pushed back to Jan 08 deliveries by buyers; • Sales outlook for balance of second half uncertain at this stage. 16

Marketplace and Implications

Intense price competition especially in the mass merchant channel GLG Corp Ltd ResultsReduce exposure in mass merchant channel Half-Year Ended 31 December 2005 Increase specialty retailers

Decline in average price per unit. Rebalancing – more summer sales GK Soh Chief Executive Officer Pri ~~ce co~~ mpetition Eu Mun Leong - Chief Financial Officer

Volume strategy Economies of Scale Buffered by contracts – modest margin implications 6-7 March 2006

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Marketplace and Implications

End of voluntary quotas for Chinese sourced products in 2008 leading to some uncertainty GLG Corp Ltd ResultsPan Asian Sourcing Half-Year Ended 31 December 2005 Weakness of US dollar

Partial Hedging Reducing non-US$ exposure GK SohSoh

GK SohSoh Chief Executive Officer Eu Mun Leong - Chief Financial Officer Contingent Liability Taking Legal Action

6-7 March 2006

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Outlook & Prospects - Summary

Acquisitions & Corporate Actions

Woven SCM Reviewing Sourcing – Indonesia & India Negotiation & Develo in p g Private Label Development Developing China & HK – strategic alliance Developing Listing on SGX Discussions 19

Significant Issues

Strengthening Management Acquisition Strategy Secondary Listing & liquidity To achieve 2007/08 Budget – Sales USD$240 million, NPAT USD$9 million+

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Thank You

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GLG CORP LTD – 2007 Annual GeneralMeeting

2007 ACCOUNTS AND REPORTS

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GLG CORP LTD – 2007 Annual GeneralMeeting

FORMAL RESOLUTIONS

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GLG CORP LTD – 2007 Annual GeneralMeeting

Resolutions

Resolution 1 – Adoption of Remuneration Report Resolution 2 – Re-Election of Madam Estina Ang Suan Hong Resolution 3 – Re-Election of Mr Samuel Weiss

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GLG CORP LTD – 2007 Annual GeneralMeeting

OTHER BUSINESS AND QUESTION TIME

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Thank You

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Cautionary note on forward-looking statements

This presentation may contain statements regarding the business of GLG Corp Limited and its subsidiaries (‘Group’) that are of a forward looking nature and are therefore based on management’s assumptions about future developments.

Such forward looking statements are intended to be identified by words such as ‘believe’, ‘estimate’, ‘intend’, ‘may’, ‘will’, ‘expect’, and ‘project’ and similar expressions as they relate to the Group. Forward-looking statements involve certain risks and uncertainties because they relate to future events. Actual results may vary materially from those targeted, expected or projected due to several factors.

Potential risks and uncertainties includes such factors as general economic conditions, foreign exchange fluctuations, interest rate changes, commodity price fluctuations and regulatory developments. Such factors that may affect GLG Corp’s future financial results are detailed in our prospectus, listed in this presentation, or discussed in today’s press release and in the management discussion and analysis section of the company’s 2007 results report and filings with ASX. The reader and/or listener is cautioned to not unduly reply on these forward-looking statements. We do not undertake any duty to publish any update or revision of any forward looking statements.

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