Shirble Department Store Holdings (China) Limited reported unaudited consolidated earnings results for the six months ended June 30, 2012. For the period, the company reported, turnover of RMB 687,083,000 against RMB 713,845,000 a year ago. Loss from operations was RMB 15,463,000 against profit from operations of RMB 114,313,000 a year ago. Loss before tax was RMB 4,041,000 against profit before tax of RMB 125,294,000 a year ago. Loss for the year attributable to equity shareholders of the company was RMB 13,839,000 or RMB 0.01 per basic and diluted share against profit for the year attributable to equity shareholders of the company of RMB 94,891,000 or RMB 0.14 per basic and diluted share a year ago.

The Directors do not recommend the distribution of an interim dividend for the six months ended June 30, 2012 (six months ended June 30, 2011: RMB 33,250,000 or RMB 1.33 per share).