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Global Sources purchases Shanghai office space to support growth plans
HONG KONG, August 11, 2011Global Sources (NASDAQ: GSOL) has entered into an agreement to purchase office space in Shanghai to support the company’s growth and expansion plans.

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: “The purchase of office space in Shanghai addresses our long-term needs as we continue to expand in China. The office is located near the Shanghai Hongqiao International Airport and a regional transportation hub connecting to the Yangtze River Delta areas. In addition, the offices are adjacent to the Shanghai Metro stations, which are ideal for our team members.”

The property is in the Changning district and totals approximately 6,668 square meters. The purchase price was RMB 326 million (approximately US$51 million) and the transaction is expected to close in late August 2011.

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.

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