GLG CORP LTD — Board/Management Information 2011

Mar 2, 2011

TO: COMPANY ANNOUNCEMENTS OFFICE COMPANY: AUSTRALIAN STOCK EXCHANGE LIMITED FROM: ESTINA ANG DATE: 3[rd] March 2010 No. PAGES: 1 (INCLUDING THIS COVER PAGE)

GLG CORP LTD Level 5, 56 Pitt Street Sydney NSW 2000 Australia Tel: (61) 2 8823 3152 Fax: (61) 2 9252 8466 www.glgcorpltd.com.au

BOARD MOVEMENTS

GLG Corp Ltd wishes to announce some recent changes to the Board members and composition.

Firstly we announce the retirement of Mr Sam Weiss effective immediately from his role as Non Executive Director due to increasing time commitments on other roles. I personally wish to thank Sam for all of his guidance and advice over the past five years and I join the rest of the Board in thanking him for his contribution to the Board.

The Board is pleased to announce the appointment of Mr Thongviboon to the position of Non Executive Director. Mr Thongviboon’s background and experience is summarised below.

Mr Thongviboon was a Director of Shinawatra & STI Joint Venture in Thailand, France Telecom & China Unicom Joint Venture in China, Ocean Trade Services in New Zealand, Pacific Direct Line SAS in New Zealand and Australia, New Zealand Immigration Services, and Postal and Telecommunication Enterprise in Australia.

He was also the Corporate Secretary of Pacific Direct Line SAS until December 2006. Mr Thongviboon was a Treasurer of the Abaijah Foundation in Papua New Guinea, a consulting Economist of Shunde City in China, and the co-owner of Vittoria Delights in China.

He has extensive experience in business modeling and development, treasury management, financial accounting, internal controls and fraud prevention. Mr Thongviboon is a Certified Fraud Examiner, a Justice of the Peace in Australia, and an Associate member of the Institute of Internal Auditors in Singapore.”

About GLG Corp Ltd

GLG Corp Ltd is a global supplier of casual lifestyle knitwear apparel to major retailers predominantly in the United States. From product design and development, commercialization of orders, materials management, production planning and control, through to comprehensive post manufacturing and logistics solutions GLG offers an integrated total solutions package. GLG supply’s over 60 million garments a year through its global marketing and manufacturing network.