China Nepstar Chain Drugstore Announces Special Dividend of $.30 per ADR

China Nepstar Chain Drugstore Ltd. NPD today announced that the Board of Directors has declared a special cash dividend of US$0.30 per American Depositary Share, which represents a total value to shareholders of approximately US$31 million. The distribution of the special dividend is conditional upon the approval of the relevant PRC government authorities. The special dividend is payable before or around February 28, 2011 to shareholders of record as of the close of business on January 31, 2011.