Global Corn Group Limited — AGM Information 2008

Jul 25, 2008

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GLOBAL SWEETENERS HOLDINGS LIMITED

大 成 糖 業 控 股 有 限 公 司[*]

(incorporated in the Cayman Islands with limited liability)

(Stock code: 3889)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting of Global Sweeteners Holdings Limited (the ‘‘Company’’) will be held at Chatham Room, Level 7, Conrad Hong Kong, Pacific Place, 88 Queensway, Hong Kong on Wednesday, 13 August 2008 at 3:00 p.m. for the purpose of considering and, if thought fit, passing the following resolution:

ORDINARY RESOLUTION

‘‘THAT the sale and purchase agreement (the ‘‘S&P Agreement’’) dated 27 June 2008 (a copy of which has been produced to the meeting marked ‘‘A’’ and signed by the chairman of the meeting for the purpose of identification) and entered into between Global Corn Investments Limited and 長春大成 實業集團有限公司 (Changchun Dacheng Industrial Group Co., Ltd.) as vendors and Global Sweeteners Investments Limited as purchaser and the transactions contemplated thereby (including without limitation the execution of a waiver by the Company to Global Bio-chem Technology Group Company Limited and Global Corn Bio-chem Technology Company Limited in respect of the non-compete undertaking given thereby dated 3 September 2007) be and are hereby approved and that the directors of the Company be and are hereby authorised to take any action and sign any document (under seal, if necessary) as they consider necessary, desirable or expedient in connection with the S&P Agreement or the transactions contemplated thereby.’’

By Order of the Board Kong Zhanpeng Chairman

Hong Kong, 25 July 2008

Notes:

1. A shareholder of the Company entitled to attend and vote at the extraordinary general meeting (or at any adjournment thereof) is entitled to appoint another person as his/her/its proxy to attend and vote in his/her/its stead in accordance with the bye-laws of the Company. A proxy need not be a shareholder of the Company.

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1. A form of proxy for use at the extraordinary general meeting is enclosed.

2. To be valid, the form of proxy, together with the power of attorney or other authority, if any, under which it is signed or a certified true copy of that power of attorney or authority must be deposited at the Company’s branch share registrar in Hong Kong, Tricor Investor Services Limited, at 26/F., Tesbury Centre, 28 Queen’s Road East, Wan Chai, Hong Kong not less than 48 hours before the time appointed for holding the meeting (or any adjourned meeting thereof) and in default the form of proxy shall not be treated as valid. Completion and return of the form of proxy will not preclude shareholders of the Company from attending and voting in person at the meeting (or any adjourned meeting thereof) should they so wish.

3. In the case of joint holders, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the vote(s) of other joint holder(s), and for this purpose seniority will be determined by the order in which the names stand in the register of members of the Company in respect of such shares.

As at the date of this announcement, the board of the Company comprises five executive directors, namely, Mr. Kong Zhanpeng, Mr. Zhang Fusheng, Ms. Wang Guifeng, Ms. Ge Yanping and Mr. Zhang Fazheng and four independent nonexecutive directors, namely Mr. Chan Yuk Tong, Mr. Gao Yunchun, Mr. Ho Lic Ki and Mr. Yan Man Sing Frankie.

• for identification purposes only

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