SHANGHAI MATSUOKA CO., LTD (600555)

3Q 2008 Net Profit: RMB 72.69 Mln

As of the end of 3Q 2008:

Total assets: RMB 2,583,683,174
Shareholders' equity: RMB 1,999,540,960
Net assets value per share: RMB 2.30

3Q 2008:

Net profit: RMB 72,697,113
Basic earnings per share: RMB 0.08
Diluted return on equity: 3.64%
Diluted return on equity after deducting non-recurring gains and losses: 3.77%

1Q-3Q 2008:

Net profit: RMB 106,593,374
Basic earnings per share: RMB 0.12
Basic earnings per share after deducting non-recurring gains and losses: RMB 0.09
Diluted return on equity: 5.33%
Diluted return on equity after deducting non-recurring gains and losses: 4.16%
Net cash flow per share arising from (used in) operating activities: RMB (0.06)

Board of Directors
27 Oct 2008


Source: Shanghai Stock Exchange

Date: 27 Oct 2008

CN01/RP/JL/NK/KM

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