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Mindray Medical International Announces First Quarter 2008 Results
Date:5/7/2008

s noted otherwise. Mindray makes no representation that the Renminbi or US dollar amounts referred to in this release could have been or could be converted into US dollars or Renminbi, as the case may be, at any particular rate or at all.

All references to "shares" are to our ordinary shares, which are divided into two classes, Class A and Class B. Each of our American Depositary Shares, which trade on the New York Stock Exchange, represents one Class A ordinary share.

The accounting policies underlying the financial information for the segmental reporting are based primarily on statutory accounting requirements in the PRC.

Exhibit 1

MINDRAY MEDICAL INTERNATIONAL LIMITED

CONDENSED CONSOLIDATED BALANCE SHEETS

As at

December 31,

2007 As at March 31, 2008

RMB RMB US$

(unaudited) (unaudited)(unaudited)

ASSETS (In thousands) (In thousands)

Current assets:

Cash and cash equivalents 1,379,009 1,486,983 212,063

Short-term investments 407,744 658,244 93,874

Accounts receivable, net 210,176 234,473 33,439

Inventories 181,022 202,418 28,867

Value added tax receivables 238 60 9

Other receivables 39,155 43,131 6,151

Prepayments and other 14,009 19,783 2,821

Deferred tax assets - current

portion 4,400 3,550 506

Total current assets 2,235,753 2,648,642 377,730
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SOURCE Mindray Medical International Limited
Copyright©2008 PR Newswire.
All rights reserved

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