GLG Life Tech Corporation

GLG Life Tech Corporation

December 11, 2007 12:53 ET

GLG Life Tech Corporation to Commence Trading on the Toronto Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 11, 2007) - Further to the news release dated December 3, 2007, GLG Life Tech Corporation ("GLG" or "the Corporation") (TSX:GLG), which specializes in the production of high grade stevia and the supply of dietary supplements and health care products, announced today that the common shares of the Corporation will be listed on the Toronto Stock Exchange ("TSX"), Canada's senior equity market. Trading will commence today under the trading symbol "GLG".

"Today is a very important day for GLG Life Tech," said Dr. Luke Zhang, Chairman and President of GLG Life Tech Corporation. "2007 has been a watershed year for the company. We have concluded a renewable 5-year supply contract for the supply of high grade stevia with a major food and agricultural supplier and completed a $34.5 million private placement for production expansion. Further, we will now trade on Canada's premier stock exchange, the TSX."

CEO Brian Palmieri stated, "The listing of the shares on the TSX will enhance GLG's visibility in the public markets. By listing on Canada's senior exchange, we look to provide more opportunity for institutional and retail investors to take ownership in our company. For these reasons, this event is an important component for our corporate development."

With its move to the TSX, GLG's common shares will be de-listed from the CNQ.

About GLG Life Tech Corporation

GLG Life Tech Corporation specializes in growing, refining, and producing high grade stevia, a natural, zero-calorie sweetener. With fully integrated stevia operations, GLG now controls over 80% of the high quality stevia production in China. The Corporation is also engaged in the distribution of nutritional products in China and holds exclusive agreements with Weider Global Nutrition and Shandong Yong He Tang Health Products Chain Stores Ltd., whose franchise network includes over 1,200 locations. Please visit

Forward-looking statements: Statements in this press release relating to plans, strategies, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "potential", or "continue", or similar terms or the negatives of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. The Corporation has no obligation to update these forward-looking statements.

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