GLG Life Tech Corporation Announces Results of Continuous Disclosure Review With BCSC

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 8, 2008) - GLG Life Tech Corporation (TSX: GLG.TO) ("GLG" or the "Company"), as a result of a continuous disclosure review by the British Columbia Securities Commission ("BCSC"), is issuing the following press release to clarify the Company's disclosure.

BCSC advised the Company that it had reviewed its disclosure records, as available to the public at www.sedar.com, and provided the Company with certain comments in respect of its consolidated financial statements for the year ended December 31, 2007 ("Annual Financial Statements") and unaudited consolidated interim financial statements for the period ended March 31, 2008 ("Interim Financial Statements") as well as the corresponding management's discussion and analysis ("MD&A") for each such financial period.

As a result of the review GLG has filed the amended and restated Interim Financial Statements and the MD&As for the year ended December 31, 2007 and for the period ended March 31, 2008.

The Company advises that the amended and restated Interim Financial Statements do not include any changes in any dollar amounts to any of the financial statements in the previously filed financial statements and that the amendments primarily involved adding certain disclosure necessary to address requirements of the CICA Handbook.

With respect to the MD&As for the corresponding periods, the amendment and restatement of the MD&A for each of the applicable periods involved revisions necessary to more properly address the requirements of National Instrument 51-102 Continuous Disclosure Obligations.

The Company advises that the Annual Financial Statements have also been refiled with two additional pages of notes and one supporting schedule. The pages were missing in the initial filing due to scanning error.

In addition, after discussion with BCSC, the Company has decided to also file a Business Acquisition Report ("BAR") in respect to its Agricultural High Tech Developments Ltd acquisition announced on December 27, 2007.

The amended and restated financial statements, MD&As and BAR report are available at www.sedar.com.

On behalf of the Board of Directors,

Dr. Luke Zhang, Chairman

About GLG Life Tech Corporation

GLG Life Tech Corporation specializes in growing, refining, and producing high grade stevia extract, a natural, zero-calorie sweetener. With fully integrated stevia operations, GLG is the leading supplier of high quality stevia production in China. The Company is also engaged in the distribution of nutritional products in China and holds exclusive agreements with Weider Global Nutrition and Shandong Yong He Tang Health Products Chain Stores Ltd., whose franchise network includes over 1,400 locations. Please visit www.glglifetech.com for further information.

Forward-looking statements: Certain statements in this press release constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements evaluating the market and general economic conditions and discussing future-oriented costs, expenditures and other financial or operating performances. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes" or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. While the Company has based these forward-looking statements on its current expectations about future events, the statements are not guarantees of the Company's future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors include amongst others the effects of general economic conditions, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements. Please refer to the heading "Risk Factors" in our Annual Information Form in respect of our year-ended December 31, 2007 and the risk factors in our Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2007 for a discussion of these and other factors underlying forward-looking statement, both of which are available on SEDAR at www.sedar.com under the Company's names. In light of these factors, the forward-looking events discussed in this press release might not occur. Further, although the Company has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. As there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements, readers should not place undue reliance on forward-looking statements.

Contacts

Brian Meadows
GLG Life Tech Corporation
Chief Financial Officer
(604) 641-1368
(604) 641-1214 (FAX)
Email: ir@glglifetech.com
Website: www.glglifetech.com