Global Corn Group Limited — Share Issue/Capital Change 2011

Jul 11, 2011

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.

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)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Listing Rules ”).

The board of directors (“ Board ”) of Global Sweeteners Holdings Limited (“ Company ”) announces that the Company has granted the following share options, subject to acceptance of the grantees, under its share option scheme adopted on 3 September 2007 with details as follows:

Date of Grant : 11 July 2011 Exercise price of share options : HK$1.67 to subscribe for one ordinary share of HK$0.10 granted each of and in the share capital of the Company (“ Share ”) Number of share options granted : 31,400,000 share options (each share option shall entitle the holder of the share option to subscribe for one Share) Closing price of the Share on the : HK$1.67 per Share Date of Grant Validity period of share options : The share options are valid for a period of five years commencing from the date of grant of the share options

* for identification purpose only

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Out of the above share options, 22,000,000 of the share options were granted to the following directors of the Company:

	Number of share options granted
Executive Directors:
Kong Zhanpeng	6,000,000
Xu Zhouwen	6,000,000
Zhang Fazheng	2,000,000
Lee Chi Yung	4,000,000
Independent non-executive Directors:
Ho Lic Ki	2,000,000
Chan Yuk Tong	2,000,000

Save as disclosed above, none of the grantees of the share options is a director, chief executive or substantial shareholder of the Company, nor an associate (as defined under the Listing Rules) of any of them.

By order of the Board Global Sweeteners Holdings Limited Kong Zhanpeng Chairman

Hong Kong, 11 July 2011

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Kong Zhanpeng, Mr. Zhang Fazheng, Mr. Xu Zhouwen and Mr. Lee Chi Yung; and three independent nonexecutive Directors, namely Mr. Chan Yuk Tong, Mr. Gao Yunchun and Mr. Ho Lic Ki.

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