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Corn Products International Declares Quarterly Dividend of $0.08 Per Share, Holds 2006 Annual Meeting of Stockholders

WESTCHESTER, Ill., May 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Board of Directors of Corn Products International, Inc. (NYSE: CPO), a leading global provider of agriculturally derived ingredients to diversified industries, today declared a quarterly dividend of $0.08 per share on the Company's common stock, payable July 25, 2006, to stockholders of record at the close of business on June 28, 2006.

Corn Products International also held its 9th Annual Meeting of Stockholders today at the Westbrook Corporate Center Meeting Facility adjacent to its corporate headquarters in Westchester, Ill.

During the meeting, stockholders elected three Directors to new, three- year terms expiring in 2009: Luis Aranguren-Trellez, 44, executive vice president of Arancia Industrial, S.A. de C.V.; Paul Hanrahan, 48, president and chief executive officer of The AES Corporation; and William S. Norman, 67, former president and chief executive officer of the Travel Industry Association of America.

After 8 years of service on the Corn Products International Board of Directors, Ronald M. Gross, 72, chairman emeritus, former chairman and chief executive officer of Rayonier, Inc., retired from the Board, reducing its size to 10 members.

Stockholders also ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2006.

Marking its 100th anniversary in 2006, Corn Products International 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, headquartered in Westchester, Ill., is the number-one worldwide producer of dextrose and a leading regional producer of starch, high fructose corn syrup and glucose. In 2005, Corn Products International recorded net sales of $2.36 billion with operations in 15 countries at 33 plants, including wholly owned businesses, affiliates and alliances. For more information, visit .

SOURCE Corn Products International, Inc.

Dave Prichard, +1-708-551-2592
Mark Lindley, +1-708-551-2602
both of Corn Products International, Inc.