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China Cord Blood Corporation Reports Third Quarter and First Nine Months of Fiscal 2011 Financial Results

pecified rates solely for the convenience of readers. Unless otherwise noted, all translations from Renminbi to U.S. dollars as of and for the third quarter and first nine months of fiscal 2011 were made at the noon buying rate of RMB6.600 to $1.00 on December 31, 2010 in the City of New York for cable transfers in Renminbi per U.S. dollar as certified for customs purposes by the Federal Reserve Bank of New York. China Cord Blood Corporation makes no representation that the Renminbi or U.S. dollar amounts referred to in this press release could have been or could be converted into U.S. dollars or Renminbi, at any particular rate or at all.

For more information, please contact:China Cord Blood CorporationMs. Joeling LawTel: (+852) 3605-8180Email: ICR, LLCIn New York: Ashley M. Ammon: 1-646-277-1227In Beijing: Wen Lei Zheng: +86-10-6583-7510Exhibit 1CHINA CORD BLOOD CORPORATIONUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETSAs of March 31 and December 31, 2010 March 31,

December 31,


US$(in thousands except share data)ASSETSCurrent assetsCash and cash equivalents



83,033Accounts receivable, less allowance for doubtful accounts
  (March 31, 2010: RMB8,016; December 31, 2010: RMB9,935)






1,536Prepaid expenses and other receivables



2,008Deferred tax assets



688Total current assets363,834


97,386Property, plant and equipment, net



38,087Non-current prepayments



921Non-current accounts receivable, less allowance for doubtful accounts
  (March 31, 2010: RMB9,181; December 31, 2010: RMB22,310)





SOURCE China Cord Blood Corporation
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