The Board of Directors of China BCT Pharmacy Group, Inc. (OTCBB:CNBI) authorized a share repurchase program on July 4, 2011. Under the program, China BCT will repurchase up to 2,000,000 shares. China BCT expects to fund any repurchases using cash on hand and cash generated from operations. Purchases under the plan will be conducted in compliance with Rule 10b-18 promulgated under the Securities and Exchange Act of 1934, as amended. The share repurchase program is valid for one year period commencing on July 4, 2011. As of July 5, 2011, China BCT had approximately 38,200,000 shares of common stock outstanding. Till September 30, 2011, no repurchases were made.

China BCT Pharmacy Group, Inc.'s share repurchase program expired on December 31, 2012.