Wal-Mart Fourth Store in Fuzhou Opens

Apr 20, 2006

Fuzhou, April 20, 2006 – Today, Wal-Mart celebrated the grand opening of its fourth store in Fuzhou, Fujian Province – the Wal-Mart Supercenter Gushan Store, located opposite to Gushan Town Government Building, Jinan District. Officials from Fuzhou Municipal Government and Jinan District Government joined Mr. Rene Mang, Vice President & CAO of Wal-Mart (China) Investment Co., Ltd. at the opening ceremony.

Following the Company’s tradition of Good Works, Wal-Mart donated RMB 100,000 to Gushan as a long-term fund for the cleanup of Pudong River in Gushan. Wal-Mart hopes that its effort can help raise people’s awareness of environment protection and therefore contribute to the construction of an environment-friendly city. Wal-Mart has been actively contributing to various charitable programs. Since 1997, Wal-Mart’s donations to various charitable organizations have exceeded RMB 21 million.

At the opening ceremony, officials from various government organizations expressed their welcome and appreciation for the fourth Wal-Mart Store in Fuzhou city. They expect that Wal-Mart will continue to bring along advanced retail expertise and to promote the development of logistics and manufacture industry. Mr. Rene Mang, Vice President & CAO of Wal-Mart (China) Investment Co., Ltd., said that Wal-Mart had operated 56 outlets in 28 cities since it entered China almost ten years ago. Wal-Mart has become a favorite destination of more and more shoppers thanks to its high quality merchandise at low prices under the philosophy of “Every Day Low Price”. Gushan store is the 57th store Wal-Mart opened in China and the fourth one in Fuzhou. Wal-Mart is confident that it will be well received by Gushan residents and will contribute to Fuzhou economy.

Located on the second and third level of Dongfang Weiye Business Square at the cross of Fuma Road and Zhaoxian Road in Jinan District, the new Wal-Mart Supercenter has a floor area of 18,000 square meters, the biggest Wal-Mart store in Fuzhou. It offers nearly 20,000 merchandises, including fresh food, apparel, household electrical appliances and cosmetics, etc. It also has three special service areas featuring optical service, jewelry and one-hour photo service.

About Wal-Mart China

Wal-Mart China opened its first Supercenter in August 1996 in Shenzhen and now operates 57 outlets including Supercenter, SAM’S CLUB, and Neighborhood Market in 28 cities with nearly 30,000 associates. Wal-Mart has brought with it advanced management expertise to China’s retail industry and provided local customers with good merchandise and services. For more information about Wal-Mart China, please visit www.wal-martchina.com.