China Nepstar Chain Drugstore to Announce Fourth Quarter 2007 Financial Results on March 19

Teleconference to be Held at 8 a.m. EDT

SHENZHEN, China, March 10 /Xinhua-PRNewswire-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("Nepstar" or "the Company"), the largest drugstore chain in China based on the number of directly operated stores, announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2007, before the market opens on March 19, 2008.

The Company will host a conference call, to be simultaneously Webcast, on Wednesday, March 19, 2008 at 8:00 a.m. Eastern Daylight Time / 8:00 p.m. Beijing Time. A question-and-answer session will follow management’s presentation. Interested parties may participate in the conference call by dialing the following numbers approximately five to ten minutes before the call start time:

+ 1-877- 407-9210 (North America)

+ 1-201-689-8049 (International)

A live Webcast of the conference call will be available on the Nepstar website at http://www.nepstar.cn .

A replay of the call will be available starting on March 19, 2008, at 11:00 a.m. Eastern Daylight Time / 11:00 p.m. Beijing Time through March 26, 2008 at 11:59 p.m. Eastern Daylight Time or March 27, 2008 at 11:59 a.m. Beijing Time. An archived Webcast of the conference call will be available on the Nepstar Web site at http://www.nepstar.cn . Interested parties may access the replay by dialing the following numbers and entering the account number and conference ID number below:

+1-877-660-6853 (North America)

+ 1-201-612-7415 (International)

Account Number: 286

Conference ID Number: 277575

About China Nepstar Chain Drugstore Ltd.

China Nepstar Chain Drugstore Ltd. (NYSE: NPD) is China’s largest retail drugstore chain based on the number of directly operated stores. As of December 31, 2007, the Company had 2,002 stores in 62 cities and 11 regional distributional centers in China. It uses directly operated stores, centralized procurement and a network of regional distribution centers to provide customers with high-quality, professional and convenient pharmacy services and a wide variety of other merchandise, including over-the-counter ("OTC") drugs, nutritional supplements, herbal products, personal care products, family care products, and convenience products including consumables and seasonal and promotional items. China Nepstar’s strategy of competitive pricing, customer loyalty programs and private label offerings has enabled it to capitalize on the robust demographic and economic growth trends in China to achieve a strong brand and leading market position. For further information, please go to http://www.nepstar.cn .

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For more information, please contact:

In China:

Lucia Qian

Marketing and IR Director

China Nepstar Chain Drugstore Ltd.

Tel: +86-755-2641-4065

Email: qianrt@nepstar.cn

In the United States:

Dixon Chen

Investor Relations

The Global Consulting Group

Tel: +1-646-284-9403

Email: dchen@hfgcg.com

Ivette Almeida

Media Relations

The Global Consulting Group

Tel: +1-646-284-9455

Email: ialmeida@hfgcg.com