GLG CORP LTD — Earnings Release 2007

Aug 30, 2007

TO: COMPANY ANNOUNCEMENTS OFFICE COMPANY: AUSTRALIAN STOCK EXCHANGE LIMITED FROM: SHANE HARTWIG DATE: 31 August 2007 No. PAGES: 1 (INCLUDING THIS COVER PAGE)

GLG CORP LTD

Level 5, 33 York Street Sydney NSW 2000 Australia Tel: (61) 2 8916 6776 Fax: (61) 2 8916 6732 www.glgcorpltd.com.au

2007 PRELIMINARY FINAL REPORT

Preliminary Final Report

Following this announcement is the Appendix 4E – Preliminary Final Report for the year ending 30 June 2007 for GLG Corp Ltd.

Highlights of this Preliminary Report for the period include:

Summary Highlights	($USD ‘000)
Revenue from operating activities	220,632
Net Profit after tax	8,067
Basic Earnings - US Cents Per Share	10.89
Net Tangible Assets - US Cents Per Share	25.85
Proposed Final Dividend – US Cents Per Share	6.2
Proposed payment date for final dividend	31 October 2007

The Company will release the Annual Financial Report for the period ending 30 June 2007 upon the completion of the audit process.

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 supplys over 60 million garments a year through its global marketing and manufacturing network.

For further information contact:

Mr Sam Weiss Deputy Chairman Tel: : +61 2 8916 6776

Mr Eu Mun Leong Chief Financial Officer Tel: +65 6211 3632

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