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Nanjing, January 1st, 2004 - Today, the New Year's day, Wal-Mart China Co., Ltd. announces the opening of the Supercenter in Nanjing. The exciting grand opening brings an even happier New Year to the Nanjing citizens. The Nanjing Supercenter is Wal-Mart's first Supercenter in East China and it is the 34th store in China. The Nanjing Wal-Mart Supercenter is located on the second and third floors of Wanda Shopping Plaza in Hongwu Road, which is a prosperous commercial area. The Supercenter has a business area of 18,000 square meters with 200 parking spaces and provides over 20,000 kinds of merchandise, over 95% of which are from local. The second floor is equipped with cash registers and provides fresh food, while the third floor provides apparel, electronic appliance and other household products.

Supercenter is Wal-Mart's major business format in China and it aims to save customer's time and money by offering one-stop shopping experience. Cassian Cheung, the President of Wal-Mart China, says the store will be committed to providing Nanjing customers with advanced retail management and friendly shopping experience based on the Every Day Low Price operating philosophy. To appreciate the customers and to celebrate the New Year in Nanjing, Wal-Mart offers price promotion for a series of products, and various retailtainments during the grand opening.

As its long commitment of Good Works: Care Children, Support Education and Help Our Neighbors, Wal-Mart donates RMB 200,000 to Nanjing Hope Project Office to establish 10 Wal-Mart Hope Library and Computer Room in the neighborhood for the teenagers in poor family. Dean Ding Ming from Hope Project Office expressed their appreciation to Wal-Mart, "This Good Work not only offers education resources for the poor teenagers in Nanjing, but also the love and care of Wal-Mart helps to bring a bright future to them."

Wal-Mart opened its first Supercenter and Sam's Club in China in August 1996. Since then, Wal-Mart has opened 33 stores in 16 cities, including Shenzhen, Kunming, Fuzhou, Dalian, Xiamen, Shantou, Dongguan, Harbin, Changchun, Shenyang, Changsha, Beijing, Nanchang, Jinan and Qingdao and Tianjin. Now it has 27 Supercenters, 4 Sam's Clubs and 2 Neighborhood Markets.

Wal-Mart practices its "Every Day Low Price" operating philosophy, promotes the corporate culture of " Respect for the Individuals, Services to Our Customers and Strive for Excellence" and is committed to providing high quality low priced products and warm and friendly service to customers. Wal-Mart procures over USD 12 billion merchandise directly and indirectly in China in 2002, making positive contributions to China's economic and foreign trade development. Wal-Mart also takes an active role in welfare causes. Since 1997, Wal-Mart China has donated over RMB 8.9 million to social welfare agencies, education endeavor including Hope Project, and disaster relief.

Wal-Mart is the world's largest retailer; in 2002 Wal-Mart achieved global sales of USD 244.5 billion and had topped the Fortune Global 500 for consecutive two years. It was also named as one of the "Most Admired Companies" and the "Best Companies to Work for" in many countries. At present Wal-Mart has nearly 1.5 million associates worldwide and operates over 4,800 stores in the United States, Mexico, Puerto Rico, Canada, Argentina, Brazil, China, South Korea, Germany and UK.