May 13, 2004

Corn Products International, Inc. Hosts Analyst/Portfolio Managers Conference

Corn Products International, Inc. announces that it is having a meeting with industry analysts and portfolio managers at the Company's headquarters today.

Sam Scott, chairman, president and chief executive officer of Corn Products International, said, "We will be discussing our significantly stronger balance sheet and cash flows; our projected 2004 earnings; our presence in selected, growing international markets and the implementation of our strategy, which we are confident will generate returns that will benefit our shareholders."

Based on these factors, the Company is targeting earnings improvement that, while varying from quarter-to-quarter, will produce low double-digit diluted earnings per share over the five-year period beginning 2003 and ending in 2008.

The meeting, which will be simulcast on the Company's web site, includes a summary of Corn Products International's global businesses, along with an overview of the Company's strategic growth initiatives.

ABOUT CORN PRODUCTS INTERNATIONAL, INC.

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 www.cornproducts.com .