Global Sources Announces $50 Million Share Buyback Program

NEW YORK, Feb. 4 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd.
(Nasdaq: GSOL) announced today its board of directors has authorized a program
to buyback up to $50 million of common shares. The company intends, from time
to time, as business conditions warrant, to purchase shares in the open market
or through private transactions.
(Logo: here)
The buyback program does not obligate the company to buyback any specific
number of shares and may be suspended or terminated at any time at
management's discretion. The timing and amount of any buyback of shares will
be determined by management, based on its evaluation of market conditions and
other factors. As of January 31, 2008, the company has approximately 46.6
million shares outstanding.
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 is
facilitating trade from Greater China to the world, using a wide range of
English-language media. The other business segment facilitates trade from the
world to Greater China, and trade within China, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated
marketing services to suppliers. It helps a community of over 657,000 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 2 million
products and more than 170,000 suppliers annually through 14 online
marketplaces, 13 monthly magazines, over 100 sourcing research reports and 10
specialized trade shows which run 32 times a year across nine cities.
Suppliers receive more than 27 million sales leads annually from buyers
through Global Sources Online ( 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 2,100 team members in more than 44 locations, and a
community of over 1 million registered online users and magazine readers for
Chinese-language media.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning
of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of
the Securities Exchange Act of 1934, as amended. The company's actual results
could differ materially from those set forth in the forward-looking statements
as a result of the risks associated with the company's business, changes in
general economic conditions, and changes in the assumptions used in making
such forward-looking statements.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com

Global Sources Investor Contact in Asia:
Eddie Heng
Tel: +65-6547-2850
Email: investor@globalsources.com

Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com

Global Sources Investor Contact in U.S.:
Christiane Pelz & Moriah Shilton
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: investor@globalsources.com

SOURCE Global Sources Ltd.

Press contact in Asia: Camellia So, +852-2555-5021, cso@globalsources.com;
Press contact in U.S.: James W.W. Strachan of Global Sources, +1-480-664-8309,
strachan@globalsources.com; Investor contact in Asia: Eddie Heng of Global
Sources, +65-6547-2850, investor@globalsources.com; Investor Contact in U.S.:
Moriah Shilton or Christiane Pelz, cpelz@lhai.com, both of Lippert-Heilshorn &
Associates, Inc., +1-415-433-3777, investor@globalsources.com, for Global
Sources