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[August 11, Shenzhen] Around 500 customers from 11 stores in Shenzhen gathered at SAM’S CLUB to celebrate the 9th anniversary of Wal-Mart China. On the celebration ceremony, Wal-Mart donated RMB 600,000 to Shenzhen Charity Community to sponsor 15 poor college students who could not afford tuition to fulfill their four-year studies. Attendees include Mr. Liu Runhua, director general of Shenzhen Civil Affairs Bureau, Fan Jianhua, secretary general of Shenzhen Charity Community, and James Lee, Vice president of Wal-Mart (China) Investment Co. Ltd.

In response to the Second Eyas Flying Program launched by Shenzhen Civil Affairs Bureau, Wal-Mart decided to donate RMB 600,000 to Shenzhen Charity Community in order to directionally sponsor 15 poor students who could not afford tuition to fulfill their four-year studies through partnership with SZITIC Commercial Property Co., Ltd and Capitaland. On the gathering party, James Lee on behalf of Wal-Mart (China) Investment Co. Ltd. delivered the donation tablet to Mr. Fan, secretary general of Shenzhen Charity Community. James Lee said: “Up to now, Wal-Mart has run 48 outlets in 23 cities in China since its entry into China in 1996. Wal-Mart served local customers with ‘Every Day Low Price’ policy and high quality customer service. The Charity party for the 9th Anniversary of Wal-Mart China is also one kind of feedback to our customers, and the continuation of our Good Works. Meanwhile, we also hope to build up a love bridge between customers and our associates through this activity to care about and help those people in need.”

In addition, it was announced on the celebration that Wal-Mart will launched a donation activity called “let our warm hearts grow in strength here” from Mid-August to Mid-September in 11 Wal-Mart stores in Shenzhen. Customers, SAM’S CLUB members and Wal-Mart associates are encouraged to donate clothing and money to help those people hit by flood in Guangdong Province and other regions. Every customer who takes part in the donation can get a one-day pass card sent by SAM’S CLUB and experience SAM’S CLUB membership for one day.

Mr. Liu, director general of Shenzhen Civil Affairs Bureau highly appraised Wal-Mart’s charitable behavior. He said:” As the No. 1 enterprise in the Fortune Global 500 List, Wal-Mart not only promotes Shenzhen citizens’ living standards, drives the development of Shenzhen circulating economy and manufacturing industry, makes a great contribution to Shenzhen economy, but also sets a good example for other companies to follow in respect of community involvements.

The leading actors of this party were customers from neighborhood communities of Wal-Mart stores, because they brought along wonderful performance, such as the jazz drum performed by six children from New Trend Kindergarten in Yuanlin community and the dance named Green Dream performed by customers from Overseas Chinese Town community, etc.

Wal-Mart opened its first SAM’S CLUB and Supercenter on August 12, 1996 in Shenzhen. Its Every Day Low Price policy and unique one-stop shopping experience changed Shenzhen people’s shopping conception and habits, and brought along reform and development in Shenzhen retailing industry.

Through nine years’ development, Wal-Mart has opened 11 outlets in Shenzhen including 3 formats: Wal-Mart Supercenter, SAM’S CLUB and Wal-Mart Neighborhood Market. Wal-Mart operates 48 stores in 23 cities in China with more than 25,000 associates. Wal-Mart advocates its corporate culture--- Respect for the Individual, Service to Our Customers, and Strive for Excellence, and engages in providing quality goods at low prices and aggressive customer service. In 2004, the total value of merchandise Wal-Mart directly and indirectly purchasing from China reached $18 billion, which made a great contribution to the development of China’s economy and foreign trade. Meanwhile, Wal-Mart positively involves in community involvement and has totally donated RMB 20 million (including goods and money) so far.

As the biggest retailer in the world, Wal-Mart has topped the Fortune Global 500 List for four consecutive years with the sales of $ 285,200 million in 2004. Wal-Mart has also been listed into “The Most Respected Companies” and “The Best Employer to Work For” in many countries. So far, Wal-Mart successfully operates 5300 stores in US, Mexico, Puerto Rico, Canada, Argentina, Brazil, China, South Korea, Germany and UK with over 1.6 million associates. Every week, almost 140 million customers visit Wal-Mart stores worldwide.