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北京物美商業集團股份有限公司

WUMART STORES, INC.

(a joint stock limited company incorporated in the People's Republic of China)

(Stock code: 01025) PAYMENT OF FINAL DIVIDEND

As approved by the shareholders of Wumart Stores, Inc. (the "Company") at the annual general meeting held on 27 June 2014 (the "AGM"), a final dividend of RMB0.25 (equivalent to HK$0.3149) (before tax) per share for the year ended 31 December 2013 (the "Final Dividend") will be paid to the shareholders whose names appear on the register of members of the Company on Friday, 4 July 2014. For the holders of H shares, the Final Dividend will be paid in Hong Kong dollars ("HK$"). The exchange rate between Renminbi and HK$ was determined on the basis of the average of the middle rate as published by the People's Bank of China for the five trading days prior to the date of the AGM, being RMB1.00 equivalent to HK$1.2594.
The Company will appoint Bank of China (Hong Kong) Trustees Limited as the paying agent in Hong Kong. Relevant cheques for H shares will be issued by Computershare Hong Kong Investor Services Limited, the H-share registrar of the Company, and will be despatched on 28 August 2014 to the holders of H shares for the payment of the Final Dividend net of applicable tax. These cheques will be mailed to the holders of H shares entitled to receive the Final Dividend on that day by ordinary post and at their own risk.
Pursuant to the "Notice on the Issues Regarding the Withholding of Corporate Income Tax on Dividends Distributed by Chinese Resident Enterprises to Their H-Share Holders Who are Overseas Non-resident Enterprises" (Guo Shui Han [2008] No. 897) published by the State Administration of Taxation, when a Chinese resident enterprise distributes annual dividends for the year 2008 and years thereafter to the holders of H shares who are overseas non-resident enterprises, corporate income tax shall be withheld at a uniform rate of 10%. Accordingly, the Company is required to withhold corporate income tax at the rate of 10% before distributing the Final Dividend to non-resident enterprise shareholders whose names appear on the H-share register of members of the Company. Any shares registered in the names of non-individual registered shareholders, including HKSCC

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Nominees Limited, other nominees, trustees or other groups and organizations, will be treated as shares held by non-resident enterprise shareholders, and therefore their dividends receivable shall be subject to the withholding of the corporate income tax.
Pursuant to the "Notice on the Issues Regarding the Collection and Management of Individual Income
Tax after the Abolishment of Guo Shui Fa [1993] Document No. 045" (Guo Shui Han [2011] No.
348) issued by the State Administration of Taxation on 28 June 2011, the dividends to be received by an overseas resident individual shareholder from the shares issued in Hong Kong by a non-foreign invested enterprise in the PRC are subject to individual income tax at a tax rate of 10% in general. However, the tax rates for each of the overseas resident individual shareholders may vary depending on the relevant tax agreements between the countries in which they are citizens and Mainland China. Pursuant to the aforesaid notice, when the Final Dividend are distributed to the individual shareholders of H shares whose names appear on the H-share register of members of the Company, the Company will withhold 10% of the Final Dividend as individual income tax unless otherwise specified by the relevant tax regulations, tax agreements or the notice.
By order of the Board Wumart Stores, Inc. Dr. Meng Jin-xian Chairman
Beijing, the PRC
22 July 2014

As at the date of this announcement, the Board of the Company comprises Madam Xu Ying, Mr. Xu Shao-chuan and Dr. Yu Jian-bo as executive directors, Dr. Meng Jin-xian as non-executive director, and Mr. Li Lu-an, Mr. Lu Jiang and Mr. Wang Jun-yan as independent non-executive directors.

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