CPO Ingredion, Inc.

Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Corn Products International, Inc. HARTFORD, Conn., May 23 /PRNewswire/ -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern District of Illinois on behalf of all purchasers of publicly traded securities of Corn Products International, Inc. (NYSE:CPO) ("Corn Products International") between January 25, 2005 and April 4, 2005 (the "Class Period"). The Complaint alleges that Corn Products International violated federal securities laws by issuing false or misleading public statements. These allegations arise out of the April 5, 2005, announcement that Corn Products International expected first quarter earnings to decline by 35 to 40 percent from the first quarter of 2004. The Complaint alleges that prior to this announcement, Corn Products International had issued improper statements concerning its future prospects. Specifically, the Complaint alleges that those statements were improper because, at the time they were made, Corn Products International knew that it was experiencing manufacturing problems at certain of its facilities, causing expenses to rise dramatically above internally forecasted levels, and causing certain processing facilities to close and/or slowdown production. The Complaint also alleges that Corn Products International had contracted for corn in Canada in the late Fall of 2004 at prices higher than present prevailing prices, thereby forcing the it to purchase corn at above-market prices. In reaction to the April 5, 2005 announcement, the price of Corn Products International stock fell from a close of $25.86 per share on April 4, 2005, to close at $20.98 per share on April 5, 2005. If you are a member of the class, you may, no later than July 19, 2005, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation. Although your ability to share in any recovery is not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members, including decisions concerning settlement. The securities laws require the Court to consider the class member(s) with the largest financial interest as presumptively the most adequate lead plaintiff(s). For more information about the case, its claims, and your rights, please contact Schatz & Nobel toll-free at (800) 797-5499, or by e-mail at . To view a copy of the Complaint initiating the class action, which was not filed by Schatz & Nobel, or for more information about this case, class action cases in general, or Schatz & Nobel, please visit our website: http://www.snlaw.net/. CONTACT: Wayne T. Boulton or Nancy Kulesa Tel.: (800) 797-5499 Website: http://www.snlaw.net/ e-mail: DATASOURCE: Schatz & Nobel, P.C. CONTACT: Wayne T. Boulton or Nancy Kulesa both of Schatz & Nobel, +1-800-797-5499, Web site: http://www.snlaw.net/

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