Fosun International : PROGRESS UPDATE ON DISCLOSEABLE TRANSACTIONS IN RELATION TO THE DISPOSAL OF THE TARGET COMPANIES AND THE ISSUANCE OF CONSIDERATION SHARES

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

PROGRESS UPDATE ON DISCLOSEABLE TRANSACTIONS

IN RELATION TO

THE DISPOSAL OF THE TARGET COMPANIES

AND

THE ISSUANCE OF CONSIDERATION SHARES

Reference is made to the announcements issued by Fosun International Limited (the "Company") dated 20 November 2017, 27 December 2017, 12 January 2018, 19 January 2018 and 31 January 2018 (the "Announcements") in relation to, among other matters, the entering into of the Formal Sale and Purchase Agreement, the Supplemental Agreement and the Second Supplemental Agreement. Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as those defined in the Announcements.

On 11 May 2018, the Purchaser received the written Approval regarding the issuance of shares to Zhejiang Fosun Business Development Co., Ltd. and other Vendors to purchase assets by Shanghai Yuyuan Tourist Mart Co., Ltd (Zheng Jian Xu Ke [2018] No. 803) issued by the CSRC (the "Approval"), pursuant to which, the CSRC approved the Purchaser to issue the Consideration Shares to the 16 Vendors within 12 months from the date of the Approval.

As the Transactions have not been completed, Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board Fosun International Limited

Guo Guangchang

Chairman

11 May 2018

As at the date of this announcement, the executive directors of the Company are Mr. Guo Guangchang, Mr. Wang Qunbin, Mr. Chen Qiyu, Mr. Xu Xiaoliang, Mr. Qin Xuetang, Mr. Wang Can, Ms. Kang Lan and Mr. Gong Ping; and the independent non-executive directors are Mr. Zhang Shengman, Mr. Zhang Huaqiao, Mr. David T. Zhang, Mr. Yang Chao and Dr. Lee Kai-Fu.