Corn Products International, Inc. announced that it has entered into an agreement to acquire the remaining minority interest in its Korean business from Doosan Corporation for approximately $65 million.

Corn Products International, Inc. announced that it has entered into an agreement to acquire the remaining minority interest in its Korean business from Doosan Corporation for approximately $65 million. This is an acceleration of Doosan Corporation's right to sell remaining interest to Corn Products International, which was exercisable in 2005. The transaction is expected to be finalized on December 29, 2004. The business, which will be called Corn Products Korea, Inc. effective on January 1, 2005, will be a 100-percent owned subsidiary of Corn Products International, Inc.