Global Corn Group Limited — Capital/Financing Update 2009

Nov 13, 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 disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities.

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)

PROPOSED ISSUE OF TAIWAN DEPOSITARY RECEIPTS

This announcement is made pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board (“ Board ”) of directors (“ Directors ”) of Global Sweeteners Holdings Limited (“ Company ”) is pleased to announce that the Company is studying the feasibility of the proposed offering (“ Proposed TDR Issue ”) and listing of Taiwan Depositary Receipts (“ TDR ”) representing the shares of the Company (“ Shares ”) on the Taiwan Stock Exchange Corporation. It is preliminarily proposed that the underlying Shares to be represented by the TDR to be offered under the Proposed TDR Issue may comprise of new Shares to be allotted and issued by the Company and/or existing Shares held by existing shareholder(s) of the Company.

The Board wishes to emphasize that the Proposed TDR Issue is only at a preliminary stage. Application has not yet been made with the relevant authorities in Taiwan and Hong Kong and details in respect of the Proposed TDR Issue, including the size and structure of the Proposed TDR Issue and the expected timetable, have not yet been determined as at the date of this announcement. The Company will pay due attention to the market sentiment in deciding whether or not the Proposed TDR Issue shall be conducted to ensure that it will be undertaken in the best interests of the Company and its shareholders as a whole. Further announcement(s) will be made by the Company in relation to any material development on the Proposed TDR Issue as and when appropriate.

* for identification purpose only

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Shareholders and potential investors should note that the Company may or may not proceed with the Proposed TDR Issue and the Proposed TDR Issue, if proceed with, is subject to approval by the relevant regulatory authorities in Taiwan. There is no assurance that such approval will be granted. Accordingly, shareholders and potential investors are reminded to exercise caution when dealing in the Shares.

By order of the Board

Global Sweeteners Holdings Limited Lee Chi Yung Company Secretary

Hong Kong, 13 November 2009

As at the date of this announcement, the executive Directors are Mr. Kong Zhanpeng, Mr. Zhang Fazheng, Ms. Wang Guifeng and Mr. Zhang Fusheng, and the independent non-executive Directors are Mr. Chan Yuk Tong, Mr. Gao Yunchun and Mr. Ho Lic Ki.

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