GLG Life Tech Corporation

GLG Life Tech Corporation
Cargill, Incorporated

Cargill, Incorporated

May 05, 2009 06:30 ET

GLG Life Tech Corporation Announces US$ 40.5 Million Stevia Extract Order From Cargill for TRUVIA™

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2009) - GLG Life Tech Corporation (TSX:GLG) ("GLG" or the "Company"), the vertically integrated leader in the agricultural and industrial development of stevia extracts announces that it has received an initial order from Cargill valued at $US 40.5 million for the delivery of high grade stevia extract beginning October 2009. Further, GLG has agreed to make additional product available to Cargill during the next 18 months for a possible increase in the order size.

Chairman and CEO Dr. Luke Zhang stated, "We are pleased that Cargill continues to increase the scope of their orders from GLG. It demonstrates the positive impact of rebiana in new products like TRUVIA™ tabletop sweetener. We believe our experience in the production of high quality stevia extracts and our ability to provide a stable supply chain have strengthened our position in the global marketplace and enabled us to continue as the preferred stevia supplier providing a minimum of 80% of Cargill's global demand for high grade stevia extract for the next 5 years. We look forward to maintaining our close relationship with Cargill while we emerge as a leading global supplier of high purity rebaudioside A extracts."

Zanna McFerson, TRUVIA™ Business Director said, "We are pleased to expand our relationship with GLG, our key supply chain partner for high grade stevia extract, and look forward to many years of a successful partnership together. Numerous consumer facing products containing TRUVIA™ rebiana natural sweetener will be introduced to the US marketplace in the next year."

About GLG Life Tech Corporation

GLG Life Tech Corporation is a global leader in the supply of high purity stevia, an all natural, zero-calorie sweetener used in food and beverages. The Company's operations cover each step in the stevia supply chain including non-GMO stevia seed breeding, natural propagation, stevia leaf growth and harvest, proprietary extraction and refining, marketing and distribution of finished product. GLG's advanced technology and extraction technique make it a world leading producer of high purity rebaudioside A extracts.

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About Cargill, Incorporated

Cargill, Incorporated is an international provider of food, agricultural and risk management products and services. With 158,000 employees in 66 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, visit

Forward-looking statements: Certain statements in this press release constitute "forward-looking statements". Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include operational risks, the effects of general economic conditions, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and other risks and uncertainties disclosed under the heading "Risk Factors" in our Annual Information Form in respect of our year-ended December 31, 2008 and the risk factors in our Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2008, both of which are available on SEDAR at The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change, except as required by law.

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