CPO Ingredion, Inc.

Corn Products International, Inc. Appoints Jack C. Fortnum as President for North America Division WESTCHESTER, Ill., March 24 /PRNewswire-FirstCall/ -- Corn Products International, Inc. today announced that its board of directors elected Jack C. Fortnum, 47, as vice president, and president North America division. He succeeds Eugene J. Northacker, 62, who is retiring, effective May 1, 2004. "Gene has been a great contributor to our North American business and throughout our organization, and we thank him for his service to our Company," said Sam Scott, chairman, president and chief executive officer. "We are very pleased to have Jack take the helm of the North America division. He has served Corn Products International in numerous key positions, and brings a wealth of knowledge to this position." Most recently, Fortnum served as vice president, and president US/Canadian region. Since joining the Company in 1984, he has held various positions in finance and operational roles including that of president of the US business, vice president of finance for the Canadian corn refining business, and director of finance and planning for the Latin American corn refining business. Fortnum has also held management positions with Crown Life Insurance Co. and Clarkson Gordon. Fortnum received a bachelor's degree in economics from the University of Toronto in Toronto, Canada, and is a chartered accountant. He also completed the senior business administration program offered by McGill Universityin Montreal, Canada. Corn Products International, Inc. 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. The Company is the number-one worldwide producer of dextrose and a leading regional producer of starch, high fructose corn syrup and glucose. In 2003, the Company recorded net sales of $2.1 billion with operations in 19 countries at 37 plants, including wholly owned businesses, affiliates and alliances. Headquartered in Westchester, Ill., it was founded in 1906. The Company is listed on the New York Stock Exchange under the symbol CPO. Additional information can be found on the WorldWide Web at http://www.cornproducts.com/ . DATASOURCE: Corn Products International, Inc. CONTACT: investors, Richard Vandervoort, +1-708-551-2595, or media, Mark Lindley, +1-708-551-2602, both of Corn Products International Web site: http://www.cornproducts.com/

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