GLG CORP LTD — Investor Presentation 2007

Aug 30, 2007

GLG CORP LTD Results Presentation For the year ended 30 June 2007

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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 11.5%. EPS of US 10.9 cents. PER 4.9x. 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 Price: A$0.65 A$0.83: US$1

6-7 March 2006

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3 GLG Corp Ltd ~~Results~~ Half-Year Ended 31 December 2005 A Global Textile & Apparel Supply Chain Manager GK Soh - Chief Executive Officer Eu Mun Leong - Chief Financial Officer 6-7 March 2006 Financial Highlights 6.2 25.85 13.85 9.3 11.4 19.6 197.8 FY 06 -- 6.2 Proposed dividend (US cents per share) 22.9 31.77 NTA (US cents per share) (21.4) 10.89 EPS (US cents per share) (13.1) 8.1 NPAT (US$ million) (10.5) 10.2 EBITA (US$ million) 10.2 21.6 Gross Profit (US$ million) 11.5 220.6 Revenue (US$ million) % change FY 07

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					6 Apparel Supply Chain Manager
						extile & 0.295

Consolidated P&L Analysis: Half-year ended 31 December 2005 Balance Sheet Analysis: Liquidity & Gearing Ratios

							30 Jun 2007	30 Jun 2006
	% ~~Varienc~~ Varience Proforma D/USD 3 Current Asset Ratios
In A$ million at a AU exchange rate of 0.7 (For illustration pur The reporting curre is the US$)	D/USD 3	Proforma		Varience C	% ~~Varienc~~ urrent
	poses only. ncy of GLG Deb	31 December 2004 tors turno	31 December ~~2005~~ ver(da	ys)	e		37 days	31 days
	Curr	ent Ratio	(X)				4.71 x	2.37 x
	Cas	h					US$2.5 m	US$5.1m
					Gear	ing Ratios
							0.10 x	0.37x
Interest Expen	ses ~~Deb~~	0.282 ~~t to Equit~~	0.577 ~~y~~	0.295	105%
	Inter	est Cove	rage				11.4x	13.2x
Borrowings (a
	~~verage)~~ Tota	~~21.4~~ l bank fa	~~20.8~~ cilities a	~~(0.6)~~ vailab	~~(3)%~~ le		US$91.6m	US$80m
Interest Rate		4.44%	7.56%	3.12	70%
	Aver	age usag	e of ban	k faci	lities(	%)	49%	58%
A Global T Interest Variance due to interest rate increase Interest variance due to borrowings decrease Total Net Increase in Interest					0.326	7 Apparel Supply Chain Manager
					(0.031)
					extile & 0.295

Cash Flow Statement Consolidated P&L Analysis:

		~~Half-year ended 31~~ Results: Full-year ended 30 June 2007						~~Decemb~~ 2007	~~er 2005~~ 2006
								US$m	US$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
							8 Apparel Supply Chain Manager
						(0.031)
						extile & 0.295

GLG Corp Ltd
GLG Corp Ltd Results Half-Year Ended 31 December 2005 Management Update 30 June 2007
GKSoh - Chief Executive Officer
Eu Mun Leong - Chief Financial Officer
6-7 March 2006
9
A Global Textile & Apparel Supply Chain Manager

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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GLG Corp Ltd Management Update GLG Corp Ltd Management

Looking to strengthen management team Looking for skills to support acquisitions

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GLG Corp Ltd

Sales and Operations Update GLG Corp Ltd Results 30 June 2007 Half-Year Ended 31 December 2005

GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer 6-7 March 2006 12

GLG CORP LTD – KEY METRICS

~~GLG Corp Ltd~~ Results Revenue	100%
Half-Year Ended 31 December 200 Gross Profit	5 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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Marketing & Sales Strategy Updates

Focus Specialty Retailers & Department Stores National Brands Non US Customers Customer and Product Specific 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, De artment Stores and Brands p

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 Results Half-Year Ended 31 December 2005 Outlook and Prospects 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

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

6-7 March 2006

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Sales Bookings and Shipments Update (US$ Million)

FY 07 FY 08 Remarks

Actual Sales Sales Bookings Jul – Sep Q1 58.9 63.5 Bookings 100% complete 65% of Bookings Shipped Oct – Dec Q2 68.1 51.7 Bookings continuing

Total

127.0 115.2

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Outlook & Prospects - Summary

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Self Assessment
Existing Customers B
New Customers A
Value Add and Design & Development A
Sourcing Capacity B
Dividend payout A
Management: Build bench strength C
Corporate Governance B
Expand through acquisition C
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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 21

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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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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Thank You

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