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China Nepstar Chain Drugstore Announces New Management Team Members
Date:1/5/2009

with Ford Motor Company in Michigan in 1993 as financial analyst and later became the component department controller and then the assistant to the CFO of Ford's joint venture in China. Mr. Dai received his MBA from Michigan State University and his BA from Shanghai University.

"We are excited to welcome Mr. Wade and Mr. Dai to our management team. With their breadth of experience, we are confident that they will be valuable contributors to Nepstar," commented Mr. Simin Zhang, Chairman of China Nepstar.

Mr. Jiannong Qian, Co-Chief Executive Officer, will continue to focus on new business development, acquisitions and partnership development, while Mr. Wade will focus on maximizing operating efficiencies and profitable growth. Upon the appointment of Mr. Dai, Mr. Zixin Shao, the interim Chief Financial Officer, will resume his role as financial controller.

About China Nepstar Chain Drugstore Ltd.

China Nepstar Chain Drugstore Ltd. (NYSE: NPD) is China's largest retail drugstore chain based on the number of directly operated stores. As of September 30, 2008, the Company had 2,667 stores across 76 cities, one headquarters distribution center and 11 regional distribution centers in China. Nepstar uses directly operated stores, centralized procurement and a network of distribution centers to provide its customers with high-quality, professional and convenient pharmacy services and a wide variety of other merchandise, including OTC drugs, nutritional supplements, herbal products, personal care products, family care products, and convenience products including consumables. Nepstar's strategy of centralized procurement, competitive pricing, customer loyalty programs and private label offerings has enabled it to capitalize on the robust economic growth in China and to take advantage of the dem
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SOURCE China Nepstar Chain Drugstore Ltd.
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