<DOCUMENT>
<TYPE>EX-11
<SEQUENCE>5
<FILENAME>c72922exv11.txt
<DESCRIPTION>STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
<TEXT>
<PAGE>
                                                                      EXHIBIT 11

                               EARNINGS PER SHARE

                        CORN PRODUCTS INTERNATIONAL, INC.
                            COMPUTATION OF NET INCOME
                           PER SHARE OF CAPITAL STOCK


<TABLE>
<CAPTION>
(IN MILLIONS EXCEPT PER SHARE DATA)              THREE MONTHS ENDED     NINE MONTHS ENDED
                                                 SEPTEMBER 30, 2002    SEPTEMBER 30, 2002
                                                 ------------------    ------------------
<S>                                                    <C>                   <C>
Average shares outstanding - Basic                     35.6                  35.6

Effect of dilutive securities:
    Stock options                                       0.1                   0.1
                                                 ------------------    ------------------
Average shares outstanding - Assuming dilution         35.7                  35.7
                                                 ==================    ==================

Net income                                            $17.1                 $46.9

Earnings per share
    Basic                                             $0.48                 $1.31
    Dilutive                                          $0.48                 $1.31
</TABLE>


                                       22

</TEXT>
</DOCUMENT>