[JOINT FILING AGREEMENT Dated: September 11, 2009 HUNG LAY SI CO. LTD. Alan Richard Binnington Director HILL STREET TRUSTEES LIMITED, Alan Richard Binnington Director Steven Romeril Director RBC TRUST COMPANY (INTERNATIONAL) LIMITED Graham Heulin Director Steven Romeril Director RBC HOLDINGS (CHANNEL ISLANDS) LIMITED]
[JOINT FILING AGREEMENT Dated: September 11, 2009 HUNG LAY SI CO. LTD. Alan Richard Binnington Director HILL STREET TRUSTEES LIMITED, Alan Richard Binnington Director Steven Romeril Director RBC TRUST COMPANY (INTERNATIONAL) LIMITED Graham Heulin Director Steven Romeril Director RBC HOLDINGS (CHANNEL ISLANDS) LIMITED]
[YEAR 2009 / 2 nd QUARTER The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements. Overview We are a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a] [GLOBAL SOURCES LTD. AND SUBSIDIARIES At At June 30, December 31, 2009 2008 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 86,799 $ 70,225 Term deposits with banks 50,961 Available-for-sale securities 5,927 60,786 Accounts receivable, net 3,600 6,025 Receivables from sales representatives 5,531 5,574 Inventory 769 1,306]
[YEAR 2009 / 2 nd QUARTER The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements. Overview We are a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a] [GLOBAL SOURCES LTD. AND SUBSIDIARIES At At June 30, December 31, 2009 2008 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 86,799 $ 70,225 Term deposits with banks 50,961 Available-for-sale securities 5,927 60,786 Accounts receivable, net 3,600 6,025 Receivables from sales representatives 5,531 5,574 Inventory 769 1,306]
[Global Sources Press Contact in Asia: Global Sources Investor Contact in Asia: Camellia So Investor Relations Department Tel: (852) 2555-5021 Tel: (852) 2555-4777 cso@globa lsources.com e-mail: investor@globalsources.com e-mail: Global Sources Press Contact in U.S.: Global Sources Investor Contact in U.S.: James W.W. Strachan Kirsten Chapman & Timothy Dien Tel: (1 480) 664 8309 Lippert/Heilshorn & Associates, Inc. strachan@globalsources.com e-mail: Tel:]
[Global Sources Press Contact in Asia: Global Sources Investor Contact in Asia: Camellia So Investor Relations Department Tel: (852) 2555-5021 Tel: (852) 2555-4777 cso@globa lsources.com e-mail: investor@globalsources.com e-mail: Global Sources Press Contact in U.S.: Global Sources Investor Contact in U.S.: James W.W. Strachan Kirsten Chapman & Timothy Dien Tel: (1 480) 664 8309 Lippert/Heilshorn & Associates, Inc. strachan@globalsources.com e-mail: Tel:]
[Yes x No] [TH EFFECTIVE AS OF THE 24 __________________________________________ THE GLOBAL SOURCES DIRECTORS SHARE GRANT AWARD PLAN __________________________________________ 118 CONTENTS Section Heading 1. Name of the Plan 2. Purpose of the Plan 3. Shares Subject to the Plan 4. Grants to Eligible Persons 5. Non-transferability 6. Adjustments 7.] [GLOBAL SOURCES LTD. DIRECTORS PURCHASE PLAN (updated effective as of January 1, 2009) ARTICLE I PURPOSE Plan” The purpose of the Directors Purchase Plan (the “ ARTICLE II DEFINITIONS The following capitalized terms used in the Plan shall have the respective meanings set forth in this Article: 2.1 “Balance of the Purchase Price” 2.2 “Board” 2.3 “Code” 2.4 “Company” 2.5] [SUBSIDIARIES OF GLOBAL SOURCES LTD. (as at April 30, 2009) Name Jurisdiction of Organization 2B HK Limited Hong Kong A.S. Mediaconsult Ltd. Republic of Cyprus ASM Business Services Limited Cayman Islands China Magic Sourcing Limited Hong Kong China Media Advertising Inc. Liberia China Sourcing Fairs FZ-LLC United Arab Emirates - Dubai China Sourcing Fairs Limited British Virgin Islands Earldom Ltd.] [I, Merle A. Hinrichs, certify that: 1. I have reviewed this annual report on Form 20-F of Global Sources Ltd. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [I, Eddie Heng, certify that: 1. I have reviewed this annual report on Form 20-F of Global Sources Ltd. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made,] [Certification Section 906 of the Sarbanes-Oxley Act of 2002 Dated: June 26, 2009 Merle A. Hinrichs Director, Chairman and Chief Executive Officer 139] [Certification Section 906 of the Sarbanes-Oxley Act of 2002 Dated: June 26, 2009 Eddie Heng Director and Chief Financial Officer 140] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on: 1. Form S-8 No. 333-104426 and 333-59058 pertaining to Global Sources Equity Compensation Plans Numbers I, II, III, IV, V, VI and VII of Global Sources Ltd., 2. Form S-8 No. 333-138474 pertaining to Global Sources Equity Compensation (2007) Master] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in the Registration Statements: 1. Registration Statements (Form S-8 No. 333-104426 and 333-59058) pertaining to Global Sources Equity Compensation Plans Numbers I, II, III, IV, V, VI and VII of Global Sources Ltd.; 2. Registration Statement (Form S-8 No. 333-138474) pertaining to Global Sources Equity Compensation] [Our ref: AABS/60465230/PLSH June 26, 2009 100 F Street, N.E. USA Item 16-F To Form 20-F Dear Sir: Singapore cc: Global Sources Ltd. 143]
[Yes x No] [TH EFFECTIVE AS OF THE 24 __________________________________________ THE GLOBAL SOURCES DIRECTORS SHARE GRANT AWARD PLAN __________________________________________ 118 CONTENTS Section Heading 1. Name of the Plan 2. Purpose of the Plan 3. Shares Subject to the Plan 4. Grants to Eligible Persons 5. Non-transferability 6. Adjustments 7.] [GLOBAL SOURCES LTD. DIRECTORS PURCHASE PLAN (updated effective as of January 1, 2009) ARTICLE I PURPOSE Plan” The purpose of the Directors Purchase Plan (the “ ARTICLE II DEFINITIONS The following capitalized terms used in the Plan shall have the respective meanings set forth in this Article: 2.1 “Balance of the Purchase Price” 2.2 “Board” 2.3 “Code” 2.4 “Company” 2.5] [SUBSIDIARIES OF GLOBAL SOURCES LTD. (as at April 30, 2009) Name Jurisdiction of Organization 2B HK Limited Hong Kong A.S. Mediaconsult Ltd. Republic of Cyprus ASM Business Services Limited Cayman Islands China Magic Sourcing Limited Hong Kong China Media Advertising Inc. Liberia China Sourcing Fairs FZ-LLC United Arab Emirates - Dubai China Sourcing Fairs Limited British Virgin Islands Earldom Ltd.] [I, Merle A. Hinrichs, certify that: 1. I have reviewed this annual report on Form 20-F of Global Sources Ltd. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [I, Eddie Heng, certify that: 1. I have reviewed this annual report on Form 20-F of Global Sources Ltd. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made,] [Certification Section 906 of the Sarbanes-Oxley Act of 2002 Dated: June 26, 2009 Merle A. Hinrichs Director, Chairman and Chief Executive Officer 139] [Certification Section 906 of the Sarbanes-Oxley Act of 2002 Dated: June 26, 2009 Eddie Heng Director and Chief Financial Officer 140] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on: 1. Form S-8 No. 333-104426 and 333-59058 pertaining to Global Sources Equity Compensation Plans Numbers I, II, III, IV, V, VI and VII of Global Sources Ltd., 2. Form S-8 No. 333-138474 pertaining to Global Sources Equity Compensation (2007) Master] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in the Registration Statements: 1. Registration Statements (Form S-8 No. 333-104426 and 333-59058) pertaining to Global Sources Equity Compensation Plans Numbers I, II, III, IV, V, VI and VII of Global Sources Ltd.; 2. Registration Statement (Form S-8 No. 333-138474) pertaining to Global Sources Equity Compensation] [Our ref: AABS/60465230/PLSH June 26, 2009 100 F Street, N.E. USA Item 16-F To Form 20-F Dear Sir: Singapore cc: Global Sources Ltd. 143]
[YEAR 2009 / 1 st QUARTER The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements. Overview We are a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a] [GLOBAL SOURCES LTD. AND SUBSIDIARIES At At March 31 December 31 2009 2008 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 116,054 $ 70,225 Available-for-sale securities 20,674 60,786 Accounts receivable, net 5,019 6,025 Receivables from sales representatives 4,517 5,574 Inventory 996 1,306 Prepaid expenses and other current assets 20,177 16,513]
[YEAR 2009 / 1 st QUARTER The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements. Overview We are a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a] [GLOBAL SOURCES LTD. AND SUBSIDIARIES At At March 31 December 31 2009 2008 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 116,054 $ 70,225 Available-for-sale securities 20,674 60,786 Accounts receivable, net 5,019 6,025 Receivables from sales representatives 4,517 5,574 Inventory 996 1,306 Prepaid expenses and other current assets 20,177 16,513]
