CPO Ingredion, Inc.

WESTCHESTER, Ill., April 4 /PRNewswire-FirstCall/ -- Corn Products International, Inc. (NYSE:CPO), a leading global provider of agriculturally derived ingredients to diversified industries, today announced the pricing of a public offering of $200 million aggregate principal amount of 6% senior unsecured notes due April 15, 2017 and a public offering of $100 million aggregate principal amount of 6.625% senior unsecured notes due April 15, 2037. The offerings were made pursuant to a registration statement filed with the US Securities and Exchange Commission. The transactions are expected to close on April 10, 2007. Corn Products International plans to use the net proceeds to pay at maturity its $255 million outstanding principal amount of 8.25% senior notes due July 15, 2007, as well as for general corporate purposes. Citigroup Global Markets Inc. and Morgan Stanley & Co. Incorporated will serve as joint book-running managers for the offerings. These offerings of senior unsecured notes may be made only by means of a prospectus supplement and an accompanying prospectus. Copies of the prospectus supplement and the accompanying prospectus relating to these offerings can be obtained from Citigroup Global Markets Inc. toll free at 1-877-858-5407 or Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, these senior unsecured notes in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Corn Products International, headquartered in Westchester, Ill., is one of the world's largest corn refiners and a major supplier of high-quality food ingredients and industrial products derived from the wet milling and processing of corn and other starch-based materials. In 2006, Corn Products International reported consolidated net sales of $2.62 billion. Forward-Looking Statement This news release contains or may contain forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company intends these forward looking statements to be covered by the safe harbor provisions for such statements. These statements can sometimes be identified by the use of forward looking words such as "may," "will," "should," "anticipate," "believe," "plan," "project," "estimate," "expect," "intend," "continue," "pro forma," "forecast" or other similar expressions or the negative thereof. All statements other than statements of historical facts in this release or referred to in this release are "forward-looking statements." These statements are subject to certain inherent risks and uncertainties including market conditions and other factors beyond our control. Actual results and developments may differ materially from the expectations conveyed in these statements, based on various factors. Our forward-looking statements speak only as of the date on which they are made and we do not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of the statement. If we do update or correct one or more of these statements, investors and others should not conclude that we will make additional updates or corrections. For a further description of these risks, see Risk Factors included in our Annual Report on Form 10-K for the year ended December 31, 2006 and subsequent reports on Forms 10-Q or 8-K. DATASOURCE: Corn Products International, Inc. CONTACT: Investor: Dave Prichard, +1-708-551-2592, or Media: Mark Lindley, +1-708-551-2602, both for Corn Products International, Inc. Web site: http://www.cornproducts.com/

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