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Press Release - Global Sources (GSOL-NASDAQ)

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“In October, we are launching the next generation of our flagship online marketplace at globalsources.com. The site will offer buyers two major advantages. First, it is a vertical search engine, which will deliver the largest selection of export suppliers and products anywhere on the web. Secondly, it will enable buyers to identify ‘verified suppliers’ who have all been pre-qualified through face- to- face visits and capability assessments.” - Merle A. Hinrichs (GSOL) (Interview published October 12, 2007)

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 Global Sources Commences Tender Offer
 
 HONG KONG, Nov. 21, 2008 - Global Sources Ltd. (NASDAQ: GSOL) has commenced
 with its cash tender offer for up to 6,250,000 of its common shares at $8
 per share or up to $50,000,000 as previously announced on November 13, 2008.
 As of November 1, 2008, there were 46,703,494 shares of the Company's common
 shares issued and outstanding. The shares that the Company is offering to
 purchase represent approximately 13.4% of the total number of issued and
 outstanding shares of the Company's common shares. The tender offer is not
 conditioned upon any minimum number of shares being tendered or the
 availability of any financing. It is, however, subject to certain other
 conditions set forth in the Offer to Purchase.
 
 The tender offer is expected to expire at midnight, Eastern Time, on
 December 19, 2008, unless the tender offer is extended or earlier terminated
 by the Company.
 
 The Company's Board of Directors has approved the tender offer. However,
 neither the Company's Management, its Board of Directors, the Depositary nor
 the Information Agent make any recommendation to any shareholder as to
 whether to tender or refrain from tendering any shares. The Company has not
 authorized any person to make any recommendation.
 
 Georgeson Inc. will serve as the information agent for the tender offer.
 Banks and brokers can contact Georgeson Inc. by calling them at: (1-212)
 440-9800. U.S. shareholders can contact Georgeson Inc. by calling them at:
 (1-866) 295-4321. Non-U.S. shareholders can contact Georgeson Inc. by
 calling them at: (1-212) 806-6859.
 
 THIS PRESS RELEASE CONSTITUTES NEITHER AN OFFER TO BUY NOR THE SOLICITATION
 OF AN OFFER TO SELL SHARES. THE SOLICITATION AND THE OFFER TO BUY GLOBAL
 SOURCES' COMMON SHARES WILL ONLY BE MADE PURSUANT TO AN OFFER TO PURCHASE
 AND RELATED MATERIALS. SHAREHOLDERS SHOULD READ THESE MATERIALS CAREFULLY
 BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING VARIOUS TERMS AND
 CONDITIONS OF THE OFFER. SHAREHOLDERS WILL BE ABLE TO OBTAIN FOR FREE THE
 OFFER TO PURCHASE AND OTHER FILED DOCUMENTS AT THE SEC'S WEBSITE AT
 HTTP://WWW.SEC.GOV. ONCE AVAILABLE.
 
 Shareholders should read carefully the information in the Offer to Purchase
 and in the Letter of Transmittal as they include various terms and
 conditions of the tender offer and should consult their own investment and
 tax advisors.  Shareholders will be able to obtain for free the offer to
 purchase and other filed documents at the SEC's website at
 http://www.sec.gov .  Once available, these documents may also be obtained
 for free in the investor relations section of Global Sources' website at
 http://www.globalsources.com .
 
 About Global Sources
 Global Sources is a leading business-to-business media company and a primary
 facilitator of trade with Greater China. The core business uses English-
 language media to facilitate trade from Greater China to the world. The
 other business segment utilizes Chinese-language media to enable companies
 to sell to, and within Greater China.
 
 The company provides sourcing information to volume buyers and integrated
 marketing services to suppliers. It helps a community of over 753,000 active
 buyers source more profitably from complex overseas supply markets. With the
 goal of providing the most effective ways possible to advertise, market and
 sell, Global Sources enables suppliers to sell to hard-to-reach buyers in
 over 230 countries.
 
 The company offers the most extensive range of media and export marketing
 services in the industries it serves. It delivers information on 4.3 million
 products and more than 196,000 suppliers annually through 14 online
 marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9
 specialized trade shows which run 27 times a year across eight cities.
 
 Suppliers receive more than 43 million sales leads annually from buyers
 through Global Sources Online (http://www.globalsources.com) alone.
 
 Global Sources has been facilitating global trade for 37 years. Global
 Sources' network covers more than 69 cities worldwide. In mainland China,
 Global Sources has over 2,800 team members in more than 44 locations, and a
 community of over 1 million registered online users and magazine readers for
 Chinese-language media.
 
 FORWARD LOOKING STATEMENTS
 This press release contain certain "forward-looking statements" with respect
 to Global Sources.  These statements relate to analyses and other
 information which are based on forecasts of future results and estimates of
 amounts not yet determinable.  These statements also relate to our future
 prospects, developments and business strategies.  These forward-looking
 statements are identified by their use of terms and phrases such as
 "anticipate," "believe," "could," "estimate," "expect," "intend," "may,"
 "plan," "predict," "will" and similar terms and phrases, including
 references to assumptions.  These forward-looking statements, including
 current trend information, projections for future business activities and
 other trend projections, involve risks and uncertainties that may cause our
 actual future activities and results of operations to be materially
 different from those suggested or described in the Offer to Purchase.
 
 These risks, uncertainties and other matters can be found in Global Sources
 Ltd.'s Annual Report on Form 20-F for the fiscal year ended December 31,
 2007.  Except as required by law, we do not assume any obligation to update
 any forward-looking statements, whether as a result of new information,
 future events or otherwise.
 
 If one or more of these risks or uncertainties materialize, or if underlying
 assumptions prove incorrect, our actual results may vary materially from
 those expected, estimated or projected.
 
 The information contained in this press release is a statement of our
 present intention, beliefs or expectations and is based upon, among other
 things, the existing regulatory environment, industry conditions, market
 conditions and prices, the economy in general and their and our assumptions.
 We may change our or their intention, belief or expectation, at any time
 and without notice, based upon any changes in such factors, in our or their
 assumptions or otherwise.
 
 
 Global Sources
 22/F,Block A, Vita Tower,
 29 Wong Chuk Hang Road,
 Aberdeen,
 Hong Kong




    

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