China Nepstar Chain Drugstore declares US$0.28 dividend per ADS

China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("China Nepstar" or the "Company"), the largest drugstore chain in China based on the number of directly operated stores, today announced that the Board of Directors has declared a cash dividend of US$0.28 per American Depositary Share (ADS). The cash dividend is payable on or around May 3, 2010, to shareholders of record as of the close of business on April 2, 2010.

Mr. Ian Wade, Chief Executive Officer of China Nepstar, commented, "We are pleased that our improved operation and strong free cash-flow generation enable us to continue with dividend payment. This payment is consistent with our balanced growth strategy, which we believe allows us to maximize long-term shareholder value."

SOURCE China Nepstar Chain Drugstore Ltd.

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