BEIJING XIDAN MARKET CO.,LID (600723)

RMB 5 Mln Loss Projected in 3Q '08

According to preliminary data released by the company's finance department, a loss of RMB 5 mln is expected in 3Q 2008. The company's net profit during the same period in 2007 was RMB 3,788,800. The projected 3Q '08 loss will also push accumulated net profit for the first three quarters in 2008 into the red.

Detailed figures pertaining to the company's financial status can be found in its 3Q 2008 Report.

Board of Directors
13 Oct 2008


Source: Shanghai Stock Exchange

Date: 13 Oct 2008

CN01/DC/LZ/JE/MM

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