HONG KONG, May 24, 2011 – Global Sources Ltd. (NASDAQ: GSOL) (http://www.globalsources.com) announces the impending retirement of Chief Information Officer (CIO) Bill Georgiou at the end of January 2012. Peter Zapf, 42, the company's current Chief Operating Officer (COO), is scheduled to take over the CIO role and Brent Barnes, 38, the current General Manager of Content & Community Development, is scheduled to move into the COO position, effective February 1, 2012. Following his retirement, Georgiou is expected to remain as a Global Sources consultant.

Global Sources' chairman and CEO, Merle A.Hinrichs, said: "The board and I are pleased to have a long lead time for the CIO and COO transitions and we have absolute confidence in Peter and Brent to assume their new responsibilities. The additional time and their past demonstration of technical and operational expertise provides the foundation for both appointments' success. During Peter's ten-year tenure with Global Sources, he has provided outstanding leadership as Vice President of eCommerce and Community Development and later as COO. As General Manager of Content & Community Development, Brent manages the largest operational team in the Company and I anticipate his skill and natural gifts to continue to make an excellent contribution to the new position. I wish to sincerely thank Bill for his significant contribution to the Company in building and maintaining our Information Services Department, for his ongoing support and counsel and for facilitating Peter's smooth transition."

Peter Zapf joined Global Sources in August 2001 as Vice President eCommerce. Prior to joining Global Sources, he was CEO of Asia Commerce and a research analyst with Bear Stearns. Earlier in his career, he spent four years with the US air force as a software engineer. He graduated from Carnegie-Mellon University with a Bachelor of Science degree in Electrical Engineering and holds an MBA degree from the Thunderbird School of Global Management.

Brent Barnes joined Global Sources in June 2000 as Executive Assistant to the chairman and CEO. Prior to joining Global Sources he worked for four years in training and operations roles in the US and Mexico. He graduated from the University of Texas at Austin, with a Bachelor of Arts degree and also holds an MBA degree from the Thunderbird School of Global Management.

SafeHarbor 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.