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June 22, 2004 – Wal-Mart China was awarded “Best Community Service of Guangming Charity Award” by Guangming Daily.

This is the first time for the national media to elect this type of awards. The award intends to praise multinational corporations for their outstanding contribution, encourage further participation, and share their experience to promote Chinese charity programs.

As an outstanding corporate citizen, Wal-Mart has actively committed to community service since it came to China in 1996. It has donated RMB 9.6 million to Chinese charity organizations during past eight years. In 2002, Wal-Mart launched a “Good.Works.” program throughout the country, which includes helping neighborhood, supporting education, caring children, protecting environment, and relieving disaster. The program was highly praised and welcomed by local communities where Wal-Mart stores operate.

Ms. Sharon Zhang, the Public Relation Director of Wal-Mart China, attended the award ceremony and press conference that was held in Beijing. She expresses it is Wal-Mart’s honor to accept the award of the best community service. The company will continue their commitments in community.

Wal-Mart Stores, Inc. is the largest retailer in the world. In 2003 Wal-Mart achieved global sales of USD256.3 billion. It has topped the Fortune Global 500 list for three consecutive years and “American’s Most Admired Companies” for successive two years. Currently, Wal-Mart employs more than 1.5 million associates worldwide and operates over 5,000 stores in the US, Mexico, Puerto Rico, Canada, Argentina, Brazil, China, South Korea, Germany and the UK. Wal-Mart also owns a 37.8% interest in Seiyu, Ltd. in Japan. Wal-Mart opened its first Supercenter and SAM’S CLUB in Shenzhen, China in 1996. Since then, it has opened 39 stores in 19 cities with over 20,000 associates.