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China Nepstar Chain Drugstore Reports Third Quarter 2008 Results
Date:11/26/2008

nter the fourth quarter, our focus is not only on growing revenue and gross margin, but also on cost reduction by streamlining our operations and eliminating redundancies. We expect to continue to generate positive cash-flow and aim to utilize our ample cash reserve effectively for future growth. Although economic growth in China is expected to slow, the economic stimulus plan recently announced by the PRC government may serve as a catalyst to bolster China's economy and benefit consumers in general, as well as Nepstar. Nepstar continues to remain financially well-equipped and operationally sound. We are working hard to maintain our position in this challenging economic environment as well as continue to extend our leadership in the marketplace," commented Mr. Simin Zhang, the Chairman of Nepstar.

Conference Call Information

The Company will host a conference call, to be simultaneously Web cast, on Wednesday, November 26, 2008 at 8:00 a.m. Eastern Standard Time / 9:00 p.m. Beijing Time. Interested parties may participate in the conference call by dialing +1-877-407-9210 (North America) or +1-201-689-8049 (International) approximately five to ten minutes before the call start time. A live Web cast of the conference call will be available on the Nepstar Web site at http://www.nepstar.cn .

A replay of the call will be available starting on November 26, 2008, at 11:00 a.m. Eastern Standard Time / November 27, 2008, 12:00 a.m. Beijing Time through December 5, 2008 at 11:59 p.m. Eastern Standard Time / December 6, 2008 at 12:59 p.m. Beijing Time. An archived Web cast of the conference call will be available on the Nepstar Web site at http://www.nepstar.cn . Interested parties may access the replay by dialing +1-877-660-6853 (North America) or + 1-201-612-7415 (International) and entering account number 286 a
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SOURCE China Nepstar Chain Drugstore Ltd.
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