At the 33rd Meeting of the 4th Board of Directors, held on 24 Oct 2008, the following proposals were examined and approved:

1. the 3Q 2008 Report
2. to provide guarantees for Shanghai Fosun Pharmaceutical Co., Ltd., a wholly-owned subsidiary
The company plans to provide a joint liability guarantee for Shanghai Fosun on a RMB 10 mln standby letter of credit, with Shanghai Pudong Development Bank, Changning sub-branch, and a three-year 50 mln loan with China Merchants Bank, Jiangwan branch.

As of 23 Oct 2008, the company had provided a total of RMB 168.18 mln guarantees.

Board of Directors
28 Oct 2008


Source: Shanghai Stock Exchange

Date: 28 Oct 2008

CN01/TW/RL/SW/NK/KM