Global Corn Group Limited — Board/Management Information 2009

May 29, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GLOBAL SWEETENERS HOLDINGS LIMITED 大成糖業控股有限公司[*]

(incorporated in the Cayman Islands with limited liability)

(stock code: 03889)

RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND

CHANGE IN THE COMPOSITION OF AUDIT COMMITTEE, REMUNERATION COMMITTEE AND CCT SUPERVISORY COMMITTEE

Terms defined in the circular of Global Sweeteners Holdings Limited (the “Company”) dated 28 April 2009 shall, unless the context otherwise requires, bear the same meaning herein.

The Board announces that Mr. Yan Man Sing Frankie has ceased to be an independent non-executive Director and member of the audit committee, the remuneration committee and the continuing connected transactions supervisory committee (“CCT Supervisory Committee”) of the Company upon his retirement by rotation from the Board at the annual general meeting of the Company held on 29 May 2009 due to other commitments. Mr. Yan has confirmed that he has no disagreement with the Board and there is no matter which needs to be brought to the attention of the shareholders of the Company in respect of his retirement.

The Board would like to express gratitude to Mr. Yan for his valuable contribution to the Company during the tenure of his office.

With effect from 29 May 2009, Mr. Chan Yuk Tong has been appointed as the chairman of the audit committee of the Company and Mr. Ho Lic Ki has been appointed as a member of the remuneration committee of the Company.

By order of the Board

Global Sweeteners Holdings Limited Lee Chi Yung Company Secretary

Hong Kong, 29 May 2009

* for identification purposes only

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As at the date of this announcement, the Board comprises four executive Directors, namely Mr. KONG Zhanpeng, Mr. ZHANG Fazheng, Mr. ZHANG Fusheng and Ms. WANG Guifeng; and three independent non-executive Directors, namely Mr. CHAN Yuk Tong, Mr. GAO Yunchun and Mr. HO Lic Ki.

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