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TATE & LYLE FORMS JOINT VENTURE WITH LEADING FOOD SYSTEMS BUSINESS IN CHINA

London, UK, 16 July 2013 – Tate Lyle PLC (“Tate Lyle”), a leading global provider of speciality food ingredients and solutions, announces that it has signed an agreement with Xuzhou Yitong Food Industry Co., Ltd (“Yitong”) to form a Sino-Foreign Joint Venture (“Tate Lyle Howbetter”) through the acquisition of a 51% equity interest in Jiangsu Howbetter Food Co., Ltd (“Howbetter”), a leading Food Systems business in the People’s Republic of China.

Under the terms of the agreement, Tate Lyle will acquire 22% of its equity interest from Yitong and the balance of 29% from S.B International, a wholly-owned subsidiary of a Europe-based global food business (which has been a shareholder in Howbetter since 2009). Tate Lyle also has an option to acquire Yitong’s remaining 49% equity interest in Howbetter at a later stage. The transaction is subject to governmental approval which is expected in the autumn.

Howbetter provides stabilizer systems and ingredient blends for customers across China mainly in the dairy and beverage categories. It operates from a blending facility in Suqian and has application laboratories in the nearby city of Xuzhou, both in Jiangsu Province. Howbetter was one of the first domestic food blending businesses in China to be awarded a license to operate under new regulations put in place in 2010.

Olivier Rigaud, President, Speciality Food Ingredients for Tate Lyle said: “The combination of Tate Lyle’s global blending capabilities and recipe know-how with Howbetter’s strong local expertise and infrastructure provides us with an excellent platform on which to accelerate the growth of our Food Systems business in China.”

Feng Guang, Chairman, Yitong and General Manager, Howbetter, and who will also be General Manager of Tate Lyle Howbetter said: “Tate Lyle and Howbetter are two highly complementary businesses with the same absolute focus on quality and customer service. Together, we will be able to offer our customers in China a significantly enhanced range of products and technical expertise”.

For more information contact Tate Lyle PLC:

Mathew Wootton Group VP, Investor Relations t:+44 (0)20 7257 2110 m:+44 (0)7500 100 320 e: mathew.wootton@tateandlyle.com

About Tate Lyle:

Tate Lyle is a global provider of ingredients and solutions to the food, beverage and other industries, operating from over 30 production facilities around the world.

Tate Lyle operates through two global business units, Speciality Food Ingredients and Bulk Ingredients, supported by the Innovation and Commercial Development group. The Group's strategy is to become the leading global provider of Speciality Food Ingredients through a disciplined focus on growth, and by driving Bulk Ingredients for sustained cash generation to fuel this growth.

Speciality Food Ingredients consists of three platforms: Texturants, which includes speciality starches and stabilisers; Sweeteners, which comprises nutritive sweeteners and our range of no-calorie sweeteners including SPLENDA® Sucralose; and our Health and Wellness portfolio which includes speciality fibres and our salt-reduction offering. Additionally, our food systems business provides a wide variety of blended ingredient solutions.

Tate Lyle Bulk Ingredients includes bulk sweeteners, industrial starches and fermentation products (primarily acidulants). Corn co-products from both divisions are primarily sold as animal feed.

Tate Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2013, Tate Lyle sales totalled £3.3 billion. http://www.tateandlyle.com. SPLENDA® is a trademark of McNeil Nutritionals, LLC.

泰莱公司与中国领先的食品系统公司组成合资企业

英国伦敦2013年7月16日- 泰莱有限公司(以下简称"泰莱"),一家全球领先的专业食品配料及解决方案的公司正式宣布已与徐州一统食品工业有限公司(以下简称"一统")签署协议,通过收购江苏豪蓓特食品有限公司(以下简称"豪蓓特")51%的股权,与其成立一家中外合资企业("泰莱豪蓓特")。豪蓓特是在中华人民共和国处于领先地位的食品系统公司。

根据协议条款,泰莱公司将从一统公司收购其22%的权益并从S B International - 一家总部位于欧洲的全球乳制品集团的全资子公司处(其自2009年起就一直是豪蓓特公司的股东),收购其余29%的股权。泰莱公司还拥有在稍后阶段收购一统公司所持的剩余49%的豪蓓特公司股权的期权。本交易有待政府批准,预计会在秋季通过。

豪蓓特公司主要为中国的乳制品和饮料行业的客户提供稳定剂系统和复配业务。其在江苏省宿迁市建有复配工厂并在邻近的徐州市拥有应用实验室。豪蓓特是在2010年中国对复配行业实施新规后最早取得业务许可证的国内复配公司之一。

Olivier Rigaud, 泰莱公司特种食品配料部门主席表示:"泰莱公司全球的复配能力和专有的配方技术与豪蓓特公司的本地化网络及设施的结合将提供一个加快我们的食品系统业务在中国增长的极佳平台"。

一统公司的董事长兼豪蓓特公司的总经理,即将担任泰莱豪蓓特总经理的封光表示:"泰莱和豪蓓特是两家高度互补的公司,同时又共同非常关注质量和顾客服务。我们一起可以为我们的中国客户提供更广泛的产品系列和更优秀的技术服务。"

欲了解进一步信息,请与泰莱公司联系:

Mathew Wootton

集团副主席,投资关系部

电话:+44(0)20 7257 2110

手机:+44(0)7500 100 320

电邮:mathew.wootton@tateandlyle.com

关于泰莱公司

泰莱公司是一家为食品、饮料和其它工业客户提供配料和解决方案的全球性公司,其在世界各地拥有30多家工厂。

泰莱公司通过两个全球业务部开展业务:特种食品配料部和大宗配料部,并由公司的创新和商业发展部进行支持。集团公司的战略是通过有计划的增长方式成为全球领先的特种食品配料的供应商,并通过大宗配料的业务来持续提供现金以加速这一增长。

特种食品配料部门包含3个平台:质构产品 (Texturants)包括专业淀粉和稳定剂; 甜味剂(Sweeteners)包括营养甜味剂和含Splenda 品牌蔗糖素在内的一系列零卡路里甜味剂; 保健产品组合包括专业膳食纤维和减盐产品。此外,我们的食品系统业务还提供广泛的复配解决方案。

泰莱公司的大宗配料部包括大宗甜味剂、工业用淀粉和发酵产品(主要为酸度剂)。来自两个业务部的玉米副产品主要作为饲料销售。

泰莱公司在伦敦证券交易所上市,交易符号为TATE.L。在美国存托凭证交易名为TATYY。截至2013年3月31日财政年度,泰莱公司的总销售额为33亿英镑。

网址:http://www.tateandlyle.com

SPLENDA 是McNeil Nutritionals 公司商标。

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