CPO Authorizes Repurchase of 5 Million Shares

WESTCHESTER, Ill., Nov. 7 - Corn Products International, Inc. (NYSE: CPO), a leading global provider of agriculturally derived ingredients for diversified markets, announced today that its Board of Directors has authorized a new common stock repurchase program of 5 million shares, effective on November 9, 2007 and expiring on November 30, 2010.

Corn Products International's existing stock repurchase program of 4 million shares was authorized on February 9, 2005. As of the close of business on November 6, 2007, the Company had repurchased approximately 3.3 million shares under the existing program, then leaving approximately 700,000 shares available for repurchase.

Under both programs, repurchases of issued and outstanding common stock may be made from time to time in the open market, in privately negotiated transactions or otherwise, at prices that the Company deems appropriate.

November 7, 2007 09:54 PM

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