Wal-Mart Opens Its First Supercenter in Jinhua

June 22, 2006

Jinhua, June 22th, 2006 – Today, Wal-Mart celebrated the grand opening of its first store in Jinhua, Zhejiang Province. Officials from Jinhuang Municipal Government joined leaders from Wal-Mart (China) Investment Co., Ltd. at the opening ceremony.

Following the Company’s tradition of Good Works, Wal-Mart donated RMB 200,000 to Jinhua Environment Protection Bureau for the construction of sewerage system. Wal-Mart hopes that its effort can help improve the water quality in Jinhuang city.

At the opening ceremony, officials from various government organizations expressed their welcome and appreciation for the Wal-Mart Store in Jinhuang 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. Stanley Yu, Vice President & COO of Wal-Mart (China) Investment Co., Ltd., said that Wal-Mart had operated 59 outlets in 29 cities since it entered China almost ten years ago. Jinhuang Store is the 60th outlet we opened in China. Wal-Mart is confident that it will be well received by Jinhuang residents and will contribute to Jinhuang economy.

Located on the Times Square at Bayi Street North, Wucheng District, Jinhuang, the new Wal-Mart Supercenter has a floor area around 15,000 square meters, offering nearly 20,000 merchandises ranging from fresh foods, apparels, household electrical appliances etc. It also has three special service areas featuring optical service, jewelry and photo service. In appreciation of customers’ support, Wal-Mart Jinhuang store will offer great value merchandises and provide a series of retailtainment events during the grand opening.

About Wal-Mart China

Wal-Mart China opened its first Supercenter in August 1996 in Shenzhen and now operates 59 outlets including Supercenters, SAM’S CLUBs, and Neighborhood Markets in 29 cities with over 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 during 10 years’ serving in China. For more information about Wal-Mart China, please visit www.wal-martchina.com.