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Guiyang, November 3rd, 2004 – November 4th, Wal-Mart, the largest retailer in the world, opens another Supercenter in Guiyang, about five months after it opened the first Guiyang store in May 28th this year.

Provincial government officials and Wal-Mart executives attended the ceremony, which included Mr. Wang Xiaodong, member of the Standing Committee of Guizhou Party Committee, Secretary of Guiyang municipal Party Committee, Mr. Sun Guoqiang, Mayor of Guizhou, Mr. Shawn Gray, Vice President of Wal-Mart China Operations, Mr. John Reaves, Vice President of Wal-Mart China Merchandizing.

At the ceremony, government officials expressed warm welcome and appreciations to Wal-Mart for bringing two stores into Guiyang within six months.

Mr. Shawn Gray said, Wal-Mart had opened 41 stores in 20 cities around China in eight-year period, and won favor from local consumers through its Every Day Low Price and aggressive services. The Shachong Road store is Wal-Mart’s 41st outlet in China and Guiyang is the 19th city in which Wal-Mart has business. Wal-Mart hopes to promote Guiyang’s economic development and gain popularity among local consumers.

The Shachong Road store is close to Guiyang Railway Station and Guiyang Second Traffic Station which have lines covering over 50 cities and towns in Guizhou. It has a sales floor of about 17,153 square meters and provides about 18,000 kinds of merchandise, including fresh food, apparel, household electrical appliances and household chemicals.

Supercenter is Wal-Mart’s major business format in China and aims to provide customers with high quality merchandise at low prices as well as aggressive service. It helps to save customer s’ time and money by offering one-stop shopping experience. To appreciate the customers in Guiyang, Wal-Mart offers price promotion for a series of products and various retailtainment during the grand opening.

Serving community is Wal-Mart’s tradition. Before the grand opening, the Shachong Road store donated RMB 100,000 to Guiyang Ergezhai Primary School to build an AV classroom for farmer children there. The donation is expected to raise the public’s concern on the farmer children’s education problems, and to call for joint effort to improve farmer children’s education conditions.

Wal-Mart China opened its first Supercenter and SAM’S CLUB in Shenzhen in August 1996. Since then, Wal-Mart China has opened 41 stores in 20 cities, including Shenzhen, Kunming, Fuzhou, Dalian, Xiamen, Shantou, Dongguan, Harbin, Changchun, Shenyang, Changsha, Beijing, Nanchang, Ji'nan, Qingdao, Tianjin, Nanjing, Nanning, Guiyang and Wuhan. The Shachong Road store is Wal-Mart’s 41st outlet in China.

Wal-Mart 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. The Company procured over USD15 billion merchandise directly and indirectly in China in 2003, 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 RMB10.83 million to social welfare agencies, education cause and disaster-stricken areas.

Wal-Mart is the world’s largest retailer. In 2003 Wal-Mart achieved global sales of USD256.3 billion and topped the Fortune Global 500 for consecutive three years. It ranked No. 1 in the “American’s Most Admired Companies” elected by Fortune magazine in 2002 and 2003 respectively. The Company 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 5500 stores in the United States, Mexico, Puerto Rico, Canada, Argentina, Brazil, China, South Korea, Germany and UK.