Global Sources to Launch New Auto Parts & Accessories Magazine to Support China's Booming Exports of Auto Parts

HONG KONG, Aug. 4, 2005 /Xinhua-PRNewswire-FirstCall/ -- To help volume buyers worldwide source from suppliers in Greater China and throughout Asia, Global Sources Ltd. plans to launch Global Sources Auto Parts & Accessories trade magazine in October. Auto parts and accessories content was previously included in Asian Sources Hardwares magazine, which will be renamed Global Sources Hardware & DIY. To date, the two publications have attracted more than 750 advertisers -- a 73 percent increase over the previous single title.

The China government has identified the auto parts industry as a key growth sector and is acting to support its rapid growth. Its goal is to export 10 percent of the world's automobiles and auto parts by 2015 -- valued at US$120 billion.

Global Sources chairman and chief executive officer, Merle A. Hinrichs, said: "Auto Parts & Accessories aims to play a crucial role in this fast-growing sector by helping trading partners reduce uncertainty and maximize trade opportunities. It also gives us the opportunity to grow along with Greater China's auto parts sector.''

New magazine backed by 29 years of experience

Global Sources editor-in-chief, Michael Kleist, said: "We've been serving this sector for 29 years through the auto parts & accessories section of Hardwares magazine. However, growth in Greater China's auto industry now demands a more specialized approach to supporting this sector.

"With the launch of Auto Parts & Accessories magazine and website, Global Sources is committed to giving buyers the most reliable, up-to-date supplier and product information available -- in print and online.

"We anticipate the magazine and its companion website will quickly be viewed as the leading, most authoritative resources for buyers in the industry and will become essential tools for our community of buyers and suppliers."

For more information on Auto Parts & Accessories, visit http://www.autoparts.globalsources.com/ . For information on Hardware & DIY, visit http://www.hardware.globalsources.com/ . To learn more about Global Sources, please visit www.corporate.globalsources.com .

About Global Sources

Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. It provides sourcing information to volume buyers and integrated marketing services to suppliers.

The company helps its community of more than 430,000 active buyers to source more profitably from complex, overseas supply markets. With the goal of providing as many effective ways as possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in 230 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. Suppliers using its four primary channels -- online marketplaces, magazines, trade shows and direct online sales -- are supported by its advertising creative, education programs and online content management applications.

Global Sources delivers information on 1.4 million products and 130,000 suppliers annually through 10 leading online marketplaces and monthly magazines, more than 80 sourcing research reports, and 15 China Sourcing Fairs and other trade shows. Global Sources Direct is the company's new initiative that will help suppliers sell through eBay. Buyers send 4.5 million inquiries annually to suppliers through Global Sources Online ( www.globalsources.com ) alone.

In mainland China, Global Sources has a 24 year track record and 1,300 team members in 44 locations. Its services are backed by 34 years experience as a trade magazine publisher, 13 years as an organizer of trade shows, and nine years as an online marketplace operator.

Safe Harbour Statement

  Global Sources Press Contact in Asia:
   Camellia So
   Tel:   +852-2555-5023
   Email: cso@globalsources.com
   
   Global Sources Investor Contact in Asia:
   Eddie Heng
   Tel:   +65-6547-2850
   Email: eheng@globalsources.com
   
   Global Sources Press Contact in U.S.:
   James W.W. Strachan
   Tel:   +1-602-978-7504
   Email: strachan@globalsources.com
   
   Global Sources Investor Contacts:
   Kirsten Chapman & Moriah Shilton
   Lippert/Heilshorn & Associates, Inc.
   Tel:   +1-415-433-3777
   Email: kirsten@lhai-sf.com

Web sites: http://www.globalsources.com
http://www.autoparts.globalsources.com
http://www.hardware.globalsources.com
http://www.corporate.globalsources.com