CPO Ingredion, Inc.

Corn Products International, Inc. Named One of Forbes' Best Managed Companies in America WESTCHESTER, Ill., Jan. 11 /PRNewswire-FirstCall/ -- Corn Products International, Inc. (NYSE:CPO) has been named one of America's Best Managed Companies by Forbes magazine. The recognition appears in the January 10, 2005, issue of the magazine. Only 26 companies are named Best Managed each year by Forbes. These companies are chosen from the Platinum List of America's Best Big Companies. This is the second consecutive year that Corn Products International was named to the Platinum List. "This recognition is a result of the creativity and hard work of our employees around the world," said Sam Scott, chairman, president and chief executive officer. "Our goal now is to build on our accomplishments and continue to create value for our customers and shareholders." Forbes reviewed 1,000 publicly traded companies with revenues of $1 billion or more for its list. Assessment criteria included peer-to-peer earnings evaluation; accounting and governance scores; and other factors outside of those on financial scorecards. Forbes has been publishing its Platinum List since 1999. 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 World Wide Web at http://www.cornproducts.com/ . This release contains or may contain forward-looking statements concerning the Company's financial position, business and future earnings and prospects, in addition to other statements using words such as "anticipate," "believe," "plan," "estimate," "expect," "intend" and other similar expressions. These statements contain certain inherent risks and uncertainties. Although we believe our expectations reflected in these forward-looking statements are based on reasonable assumptions, stockholders are cautioned that no assurance can be given that our expectations will prove correct. Actual results and developments may differ materially from the expectations conveyed in these statements, based on various factors, including fluctuations in worldwide commodities markets and the associated risks of hedging against such fluctuations; fluctuations in aggregate industry supply and market demand; general political, economic, business, market and weather conditions in the various geographic regions and countries in which we manufacture and/or sell our products, including fluctuations in the value of local currencies, energy costs and availability and changes in regulatory controls regarding quotas, tariffs, taxes and income tax rates; labor disputes; biotechnology issues; changing consumption preferences and trends; increased competitive and/or customer pressure in the corn-refining industry; the outbreak or continuation of hostilities including acts of terrorism; stock market fluctuation and volatility; and the resolution of the current uncertainties resulting from the Mexican HFCS tax. 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 risk factors, see the Company's most recently filed Annual Report on Form 10-K and subsequent reports on Forms 10-Q or 8-K. DATASOURCE: Corn Products International, Inc. CONTACT: Investor, Richard M. Vandervoort, +1-708-551-2595, or Media, Mark Lindley, +1-708-551-2602, both of Corn Products International, Inc. Web site: http://www.cornproducts.com/

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