Walmart International statement on growth plans in China

     Walmart believes strongly that the Chinese retail industry has great potential thanks to economic growth, expansion of the middle class, fast urbanization and government policies to further boost domestic demand as stipulated in the 12^th Five Year Plan. Beginning next fiscal year, Walmart will establish approximately 100 new stores and Sam’s Clubs over the next three years.  We also will invest in logistics infrastructure.  We plan to add 18,000 jobs in China to support this store growth.”