China Sports International Limited

Dingxing Industrial Zone

Yangdai, Jinjiang City, Fujian Province

The People's Republic of China 362218

NEWS RELEASE

CHINA SPORTS REPORTS NET PROFIT OF RMB47.6 MILLION IN FY11 ON REVENUE OF RMB913.1 MILLION

Positive response from both consumers and distributors for higher profit margin
YELI breathable shoes
Gross profit margin up 2.3ppt from 17.6% in 4Q10 to 19.9% in 4Q11 and up
4.9ppt from 16.0% in FY10 to 20.9% in FY11
EPS in FY11 was 4.94 RMB cents
NAV per share as at 31 December 2011 was 120.57 RMB cents

Financial Highlights

3 months ended 31 Dec

12 months ended 31 Dec

RMB (millions)

4Q11

4Q10

Change

FY11

FY10

Change

Revenue

167.3

259.9

-35.6%

913.1

1223.0

-25.3%

Gross Profit

33.3

45.7

-27.2%

190.4

195.5

-2.6%

Gross Margin

19.9%

17.6%

2.3ppt

20.9%

16.0%

4.9ppt

Net Profit

6.0

13.3

-55.2%

47.6

66.3

-28.3%

Net Margin

3.6%

5.1%

-1.5ppt

5.2%

5.4%

-0.2ppt

SINGAPORE, 28 February 2012 - SGX Mainboard-listed China Sports International

Limited (