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Corn Products International, Inc. Announces Election of Luis Aranguren-Trellez to Board of Directors
                     Ignacio Aranguren-Castiello Retires

WESTCHESTER, Ill., May 21 /PRNewswire-FirstCall/ -- Corn Products International, Inc. (NYSE: CPO) today announced that its shareholders elected Luis Aranguren-Trellez, 41, to its board of directors effective immediately.

Aranguren-Trellez is the executive president of Arancia Industrial, S.A. de C.V. Previously, he served as operations director of Arancia Corn Products, S.A. de C.V. Additionally, Aranguren-Trellez is a board member of Sistemas Pecuarios, S.A. de C. V., Pacific Star and PFS de Mexico.

The Company's board of directors also announced the retirement of Ignacio Aranguren-Castiello, 72, effective immediately. Aranguren-Castiello, chairman of Arancia Corn Products, S.A. de C.V., has been a board member since 1997, when Corn Products International began operations as an independent public company.

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 2002, the Company recorded net sales of $1.9 billion with operations in 18 countries at 38 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 .

SOURCE  Corn Products International, Inc.
    -0-                             05/21/2003
    /CONTACT:  Investor, Richard M. Vandervoort, +1-708-551-2595, or Media,
Michele M. Mazur, +1-708-551-2604, both of Corn Products International/
    /Web site: /

CO:  Corn Products International, Inc.
ST:  Illinois

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1952 05/21/2003 18:14 EDT