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China Nepstar Chain Drugstore Reports First Quarter 2011 Financial Results
Date:5/25/2011

fer materially from those in the forward-looking statements. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

Exchange Rate InformationThe United States dollar (US$) amounts disclosed in this press release are presented solely for the convenience of the reader. Translations of amounts from RMB into United States dollars for the convenience of the reader were calculated at the certified exchange rate of  US$1.00 = RMB6.5483 on March 31, 2011 as set forth in the H.10 weekly statistical release of the Federal Reserve Board.  No representation is made that the RMB amounts could have been, or could be, converted into US$ at that rate on March 31, 2011, or at any other date. The percentages stated are calculated based on RMB amounts.ContactsLucia QianChina Nepstar Chain Drugstore Ltd.Vice President, IRPhone: +86-755-2641-4065Email: qianrt@nepstar.cnDixon ChenGraylingInvestor RelationsTel: +1-646-284-9403Email: dixon.chen@grayling.comIvette AlmeidaGraylingMedia RelationsTel: +1-646-284-9455Email: ivette.almeida@grayling.comTables followChina Nepstar Chain Drugstore Ltd. Unaudited Condensed Consolidated Statements of Operations(amounts in thousands – except per-share data)Three-month period endedMarch 312010 2011 2011 RMBRMBUSD567,217

618,102

94,391Revenue(295,049)

(323,255)

(49,365)Cost of goods sold 272,168

294,847

45,026Gross profit(243,378)

(251,785)

(38,450)Sales, marketing and other operating expenses(32,948)

(31,258)

(4,7
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SOURCE China Nepstar Chain Drugstore Ltd.
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