Fosun International 2011 Annual Result Presentation April 2012

1. Fosun International 2011 Annual Result Presentation April 2012

2. Disclaimer This presentation and the presentation materials distributed herewith include forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Fosun International Limited (the “Company”) expects or anticipates will or may occur in the future (including but not limited to projections, targets, estimates and business plans) are forward-looking statements. The Company’s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, and other risks and factors beyond our control. In addition, the Company makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. The exchange rates used in this PPT are as of 2011/12/31 (USD/CNY=6.30090 EUR/CNY=8.16250 HKD/CNY=0.81070), unless otherwise stated.

3. Content

4. Chapter I Fosun Overview

5. Fosun Int’l 2011 Performance Highlights As of 2011/12/31, the book value (BV) of Fosun Int’l grew for the 7th consecutive year to RMB 31.83 bn, representing a 7-year CAGR of 55.3% As of 2011/12/31, the Net Portfolio Value (NPV) of Fosun Int’l reached RMB 35.02 bn, representing a 7-year CAGR of 21.1% As of 2011/12/31, Fosun and its subsidiaries accomplished 20 initial public offerings for the group itself and various investees, with 7 completed in 2011 RMB Bn 7-yr NPV CAGR =21.1% 7-yr BV CAGR =55.3% Note: NPV=attributable market cap of listed asset at the Group level + book value of unlisted subsidiaries & associates at the Group level + cost of other investments at the Group level - net debt at the Group level

6. A Business Model with Fosun Characteristics Our vision: to become a world premium investment group with a focus on China’s growth momentum Continue to increase long-term shareholder value • Long-term investments (industrial portfolio)： • The increase of investees’ enterprise value helps to boost shareholder value of Fosun • Dividends from investees provide the group with additional capital for new investments • Other investments (strategic and private equity portfolio) ： • Decent returns are generated by appropriate exit while capital efficiency being increased through recycling • To lay a solid foundation for future potential acquisition in respective industries, leveraging knowledge and experience accumulated through strategic investments Create added value for investees as an active shareholder Capitalized on China growth momentum via value-oriented investments Macro Environment： Realize Value • Optimize management efficiency via appointment board members • Design strategy • Recommend key executives • Set effective remuneration package • Control risk • Make key investment decisions • Create added value by sharing resources and knowledge • HR synergies • China’s domestic consumption market, the 3rd largest in the world, continues to grow rapidly • Importance of Chinese market to MNEs grows • More domestically focused Chinese companies are becoming the world’s top business leaders • China is becoming one of the world’s most important capital markets • The demand to upgrade Chinese manufacturing capacity grows rapidly • Industrial Opportunities: Increase shareholder value Discover Value Create Value • Consumption upgrade • Resource & Energy • Financial services • Manufacturing upgrade • Capital market access, etc • Investment Strategy： • Combine China momentum with global resources For oversea investees: help to implement their China strategy by providing networks, platforms and resources • Tactic Focus： • 3-5 years: undervalued oversea enterprises with future • growth mainly from China • Sales promotion • Anti-counterfeit assistance • Brand building • Long -term: domestic players with global leader potential

7. A Business Model with Fosun Characteristics Ourmid-term goal: to build an excellent asset management business with a strengthened industrial foundation Our long-term goal: to establish a premium investment group with insurance as a core business line Other Investments IndustrialOperation AssetManagement Insurance • Yuyuan • Focus Media • Club Med • FolliFollie • Fosun Capital • Fosun Chuanghong • Carlyle-Fosun • Pramerica-Fosun China Opportunity Fund • Star Capital • Forte fund series & others • Fosun Pharma • Forte • NISCO • Hainan Mining • Pramerica-Fosun life insurance (planning) • Yong’An P&C insurance

8. Chapter II Three Growth Engines Asset Mgmt Income Shareholder Value Industrial Profits Investment Income

9. Growth engine I: Industrial profits continued to grow at a rapid pace Despite of the pressure imposed by various macro control measures and economic cycles in the past 8 years, our combined profits from industrial operations delivered rapid growth as a result of the Group’s continuous efforts in asset allocation improvement and the improvement of each operating unit’s competitive strength； Industrial profit of 2011 reached RMB 3.17 bn, representing a y-o-y increase of 18.9% and a 7-yr CAGR of 27.0% RMB Mn Industrial Profits 7-year CAGR=27.0% 2011 Industrial Profits Breakdown (RMB Mn) Notes： Including profits attributable to the parent by Jin’An Mining, a fully owned subsidiary of NISCO; Attributable stakes held by Fosun Int’l as of 2011/12/31

10. Growth engine II: Sustainable investment income on a sizable scale Fair value of Fosun’s investment portfolio declined in 2011, as a result of the global stock market volatility Investment income of 2011 reached RMB 1.38 bn, representing a y-o-y decrease of 32.0% and a 7 year CAGR of 7.4% RMB Mn RMB Mn Investment income over rolling three –year periods Investment income by year 7-year CAGR=7.4% • CAGR based on three-year rolling earnings since 2004=19.7% 2011 Investment Income Breakdown (RMB Mn)

11. Growth engine II (Cont): Sustainable investment income on a sizable scale In 2011, we invested in 16 new strategic and PE investments at the group level, amounting to a total cost of RMB 5.25 bn(1) In 2011, we helped 7 investees to be listed, increased the equity value of shareholders of Fosun by RMB 2.28 bn In 2011, total investments in pre-IPO and post-IPO by subsidiaries amounted to RMB 1.32 bn Note: Includes additional capital injections to existing projects

12. Growth engine III: Asset mgmt business made a successful debut As of 2011/12/31, Fosun asset management business raised a total committed capital of RMB 13.3 bn , among which RMB 2.7 bn were from Fosun Group. In 2011, the asset management business booked a net income of RMB 121 mn In 2011, Fosun’s asset management platform invested a total of RMB 5.16 bn in 15 projects The Carlyle-Fosun JV became one of the first funds to receive QFLP qualification in China; Prudential Financial invested USD 500 mn in Fosun China Opportunity Fund and became Fosun’s first international LP Participating for the first time,, Fosun asset management business ranked #8 among the top 30 PE institutions in China in 2011 (1) Fosun’s Asset Management Platform as of 31 December 2011 Fosun Asset Mgmt Platform Forte real estate funds & others RMB 2.2bn Star Capital RMB 3.6 bn Fosun Capital RMB 1.5 bn Fosun Chuanghong RMB 1.5 bn Carlyle-Fosun USD 100 mn Pramerica-Fosun China Opportunity Fund USD 600 mn Property fund RMB fund QFLPfundUSD fund Note: 1. Awarded by Zero2IPO Group

13. Chapter III Competitive Advantages

14. Advantage I: a core management team of an enduring partnership with proven track records Fosun founders and other key senior executives have worked together for over 17 years. They jointly hold 79.46% stake in Fosun Int’l, making their interests fully aligned with that of the public shareholders. Founded Fosun Pharma（IRR:41%）in 1994 and Forte（IRR:45%）in 1998 2007: Acquired Hainan Mining（IRR:60%） 2010: Invested in Club Med 2011:Invested in FolliFollie 2003: Acquired Nanjing Steel United (NSU)(3)（IRR:26%） • Under the direct leadership of Fosun’s founders and senior executives, Fosun is endeavored to build a world premium investment group (2) 1992: Launched Fosun with RMB 38,000 2002: Invested in Yuyuan（IRR:25%）and Jianlong group（IRR:27%） 2008: invested in Focus Media（IRR:51%） 2004: Invested in Zhaojin Mining（IRR:49%） 2011：Fosun’s BV increased to a total of rmb 31.8 bn Notes: As of 2011/12/31 All IRRs are calculated based upon either book value as of 2011/12/31 for unlisted assets or attributable market cap as of 2011/12/31 for listed assets In 2010, NSU’s steel-related assets were fully listed by asset injection to NISCO, a listed subsidiary of NSU. As of 2011/12/31, Fosun held 50.3% attributable stake of NISCO (600282.SH)

15. Advantage II：20 years of accumulated resources fostered a headquarter with value creation capacity Fosun’s headquarter is not only an investment vehicle focusing on returns, but also creates added value for investees by improving management efficiency, as well as resource sharing. Value creation via management improvement Flow engineering Investment decision making Supports in key initiatives Strategic guidance Talent mining Value creation via sharing of resources value creation via developing win-win partnerships Fosun and our Investees External Resources Excellent Partners Bank relations Government supports Business networks Fosun Investment Consulting Committee: comprised of ten overseas or domestic business leaders in industries such as insurance, retail, TMT, manufacturing, etc. “One Fosun “ Platform Industrial synergies Media resources Channels and networks Value creation via knowledge transfer and segment synergies

16. Advantage III: combine China momentum with global resources, a strategy tailored to Fosun’s unique strength Maximize Investment Value Global Capacity China Expert Club Med（France） FolliFollie（Greek） Prudential Financial（US） Carlyle Group（US） • Business activities covering over 28 provinces in mainland China • Nearly 89,000 employments were created across major businesses

17. Case studies: FolliFollie and Club Med Club Med FolliFollie InvestmentTime May 2011 June 2010 9.72% / €44m 13.4%(1)/ €106m Stake One board seat Tow board seats Board Seats Expanded distribution channel, developed business in corporate gifts, helped brand promotion Attracted more Chinese tourists to visit global sites; explorer new projects in China Fosun’s value creation （Euro Mn） （Euro Mn） Performance • In 2011, revenue increased by 3.2%; net profit increased by 7.5% • The number of shops in China increased significantly • Revenue in 2010 on par with 2009; in 2011 it increased by 5.2% • In 2011, net profit turned to positive from previous loss • Businesses from China increased by 40% Upgrade consumption company at a fair valuation International market leader Entrepreneurial mgmt team with clear China strategy Notes: As of 2011/10/19

18. ChapterIV Future Growth Drivers

19. Driver I：growing industrial operations To fortify industrial foundations and improve profitability in an environment of both challenges and opportunities, core subsidiaries will strive to grow both organically and via M&As, as they continue to optimize product mix, increase efficiency and strengthen financial position. Fosun Pharma Forte • Accelerate turnovers and the launch of new projects • Reasonable pricing and positioning • Reasonably expand quality land bank reserve in a weak industrial cycle • Nation-wide business development • Ever-growing size of completed projects for delivery • Attributable contract sales in 2012 expected to be 930,000 sq. m. • Accelerate acquisition activities for both overseas and domestic pharmaceutical R&D peers • Strengthen core competitiveness in R&D, marketing and manufacturing • Help Sinopharm with its integration process in pharmaceutical distribution • Continue to seek opportunities in medical service area NISCO Hainan Mining • Strengthened core competitiveness in existing products and strive for a breakthrough in developing a series of key following-up products like steel products for specific purposes, etc. • Promoted marketing for products with high mark-ups • Propelled technology innovation: ultra-fine grain steel, corrosion resisting steel, water-cooled mold and super-thick steel plate blank, etc., to further establish competitive advantages in following-up products. • Production based on sales to keep inventory low • 2012 output guidance: 7 million tonnes • Developed underground mining projects; fully exploit small occurrences; newly-built smelters commenced operation generating more output in end product of iron ore • Improves the technique in cobalt copper ore mining, dressing and refining to stimulate increases in profit • Promote M&A of iron ore projects • 2012 output guidance: 3.8 million tonnes

20. Driver II: more income streams emerging as investments maturing The scale of investments gradually builds up. As more projects approaching a mature stage, we are entering a phase that would allow us to have access to more earning streams pre-IPO projects that have been listed successfully achieved anaverageIRR of 58.8%(1) (RMB Mn) Strategic and PE investments（2） • 7,674 • 3,785 • 1,770 • 245 • 16,833 15,449 • 723 • 11,667 • 8,813 • 5,907 Accumulatedinvestmentcost Year-end portfolio value(1) Accumulated dividends received and proceeds from divestments 累计分红+退出 （3） Notes： As of 2011/12/31 Including post-IPO projects Portfolio value is calculated based on attributable market cap for listed investees and book value for unlisted investees.

21. Driver III: Asset management, a fast-growing business • Asset management: a key business segment of future focus • Help to utilize Fosun investment capacity without over-leveraging the group’s own financial position • Help to improve returns on equity Future Current • To build win-win partnerships with more quality LPs: We generally focus on large financial and corporate institutions that can provide us access to long-term capitals. For overseas LPs , we would focus on pension funds, sovereign wealth, university endowments, family office, etc. In China, we strive to develop more institutions, large companies and HNW individuals as our future LPs. • Products in pipeline: China Momentum Fund (USD), Fosun Wealth PE series funds, Shangluwen Fund (fund for retail, travel and culture), Energy Fund, Star Capital II, Forte series funds, etc. • Fosun will continue to invest in the funds we initiate, as GP commitments

22. Driver IV: insurance, a future business segment with vast potential Yong An Insurance: revenue in 2011 reached RMB 6,545mn, total assets amounted to RMB 10,032mn, 12.9% and 19.0% higher than that of 2010, respectively. The establishment of Pramerica-Fosun Life Insurance as the first insurance joint venture company between the private and foreign capital has been approved by CIRC. We continue to explore investment opportunities in other insurances businesses such as reinsurance

23. Chapter V 2011 Financial Review

24. 2011Financial Overview

25. Net Profit by Segment

26. Balance Sheet Overview • Notes: • Before MI • Total Debt = current & non-current interest-bearing borrowings + interest-free loans from related parties; • Total Capitalization = total equity + total debt • Net Debt = total debt – cash & bank balance; Net Capitalization = total equity + net debt

27. Improved Debt Structure Adebt structure being optimized constantly：mid-to-long term debt to total debt ratio has increased for the 5th consecutive year • Unused bank facilities have been on the rise each year Billion RMB

28. www.fosun-international.com www.fosun-international.com

29. Chapter VI Appendix • NPV breakdown • China opportunities • Shareholding structure • CSR • Fosun Pharma • Forte • NISCO • Hainan Mining • 2012 key operational targets

30. Fosun Int’l Net Portfolio Value (as of 2011/12/31)

31. Fosun Int’l Net Portfolio Value (as of 2012/3/31) Note: Taken into consideration cash outflows because of new Post-IPO investments, proceeds received from disposal of stocks and any new IPOs, during the first three months of 2012, all of which have been reflected in the value of listed assets as well. It doesn’t represent the actual net debt at the group level as of 2012/3/31.

32. Capture new opportunities brought by China’s two transformations China’s household spending has been growing fast Growing importance of the China market for MNEs Yum GM Apple • Also, more and more Chinese companies focusing only on the local market are climbing up to the world’s top 10 enterprises in their respective segment. China is becoming one of the top capital markets in the world Best Investment Opportunities Fastest Growing Asset Management Market • During 2011, China exchanges continues to lead the world IPO market in terms of capital raised ($80.6 bn), while US ranked 2nd ($35.6 bn) • During 2011, there were 356 IPOs of China enterprises raising a total of USD61.532 billion, accounting for 41.9% in count and 52.1% in amount of all IPOs in the world • With the growth of total wealth, AUM will grow as well. Asset management business will have a great potential. Higher demand for China’s manufacturing capacities with promising investment future • In the last 10 years, China’s equipment manufacturing industry saw a CAGR of 26%, with its scale topped the world now • In China’s industrial upgrade process, manufacturing will see an even higher demand, along with more demand for resources • Challenge: being free from low-cost dependence, integration and consolidation process featuring technological innovation and increasing value-adds, higher efficiency of the whole supply chain

33. Shareholding structure Fosun Holding Public Shareholders 79.1% 20.9% Attributable stake as of 2012/3/31, unless stated otherwise Fosun Int’l （00656.HK） Insurance Pharmaceuticals & Healthcare Property Steel Mining Retail, Services, Financial & others Asset Management Hainan Mining 60.0% (Fe) Yuyuan (600655.SH) 17.3% Fosun Capital Mgmt 100.0% Pramerica-Fosun Life Insurance （planning） 50.0% Fosun Pharma (600196.SH) 48.1% Forte 99.0% NISCO (600282.SH) 50.3% FosunChuanghong Mgmt 100.0% Club Med (CU.EPA) 9.7% Jin’An Mining 50.3%(Fe) 32.1% 19.6% Yon’An Insurance 18.3% Sinopharm (01099.HK) Shanghai Zendai (00755.HK) Jianlong steel 26.7% Carlyle-Fosun Mgmt 50.0% Focus Media (FMCN.Nasdaq) 17.2%(1) Huaxia Mining 18.4%(Fe) Haizimen 50.0% Pramerica-Fosun China Opportunity Fund Mgmt 100.0% FolliFollie (FFGRP.AT) 13.9% Shanjiaowulin 20.0%(coking coal) Notes： Calculated based on the total share base as of 2012/1/13, as announced by Focus Media The Group and PrAMERICA-Fosun China Opportunity Fund held 10.0% and 3.9% stakesof FolliFollie Group respectively The Group holds the A shares od CMBC representing 1.2% of CMBC’s total number of A shares and holds its H shares representing 6.41% of its total number of H shares. In addition, Pramerica-Fosun China Opportunity Fund holds its H shares representing 0.7% of its total number of H shares StarCapital Mgmt 80.0% CMBC (600016.SH, 01988.HK)(3) Zhaojin Mining (01818.HK) 8.1%(gold) ForteReal Estate Asset Mgmt companies and others Others

34. Fosun as a Corporate Citizen We donated to the frontline Fukushima rescue forces;we organized the Shining Star project, a large-scale branding activity, in the United States, and we sponsored cultural activities in collaboration with the Musée du Louvre in France We supported China cultural legacy by helping protect and promote Wu Opera (a local opera)and Dongyang Woodcarving, etc; we also supported Chinese entrepreneurs by cooperating with Youth Business China and Aliloan In the past 20 years of development, Fosun has been upholding gratitude for its people and the society. In 2011, Fosun and its subsidiaries and associates provided 89,000 employment opportunities, an increase of 16,600 when compared with 2010, with total wages of over RMB 5Bn Fosun – 20th Anniversary In July, Fosun ranked no. 81 among Fortune's top 500 enterprises of China In November, Fosun International received the “Entrepreneurs for the World Award” at the World Entrepreneurship Forum in Singapore during the year for its business successes and social responsibilities In December, Fosun ranked No.4 overall in “2011 China Overall Ranking of Chinese Non-state Owned Enterprise of Corporate Social Responsibility” by the popular Chinese newspaper Southern Weekly among the top 100 non-state-owned enterprises in China

35. FosunPharma Fosun Pharma: to build an integrated industrial chain, encompassing major sectors of health-related industry. Future Distribution (Sinopharm) RetailPharmacies (~2400braches)(1) R&DandManufacturing • Premiumprivatehealthcare • Globalstrategy...... Note: IncluderetailpharmaciesofFosunPharmaandSinopharm

36. FosunPharma MillionRMB • Research and Development (2011)： • Applied for 70 patents • 5 products received new drug certificate and manufacture permits Note: Sinopharm,akeysubsidiaryofFosunPharmacompleteditsIPOinHongKongstockexchangein2009.Asaresult,FosunPharmabookedanetprofitofRMB1，958mn in 2009

37. Sinopharm: An Undisputable Industrial Leader • Network coverage (2011)： • Total network coverage of 30 provinces, 46 distribution centers nationwide • Total clients (2011)： • Direct clients include 72.32% of all hospitals in China • Additional 109,354 clients, with increasing leadership gap

38. Forte: A Nationwide Property Developer Datong Project reserve as of 2011/12/31 Fuyang Changsha Hainan

39. Forte: A Nationwide Property Developer 1,070 897 10,456 13,810 11,168 869 9,891 9,048 928 9,417 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 Attr. Contract Sales GFA ‘000 sq.m. Attr. Contract Sales Rmb Million Attr. Booked GFA ‘000 sq.m. Attr. Booked SalesRmb Million Attr. Project Reserve ‘000 sq.m.

40. NISCO: China’s Leading Steel Enterprise NISCO: To become the manufacturing base for premium medium and heavy plates and special qualified bars and wire rods. • Competitive strength: • One of China’s most efficient steel makers • High product quality • Technology-led development • Investing in upstream industries • One-stop customer service Note: Our subsidiary Nanjing Steel United (NSU) completed overall listing of steel-related assets in October 2010. In the chart above, figures prior to September (including September) 2010 are attributable historical figures from NSU. Figures after September 2010 are the attributable figures of NISCO after completion of asset restructure.

41. NISCO: China’s Leading Steel Enterprise • NISCO’s proven strength in improving product mix via its committed R&D initiatives： • One of the first few domestic players to be able to produce 9% Ni steel in batch size, which is used for LNG tank that requires resistance to very high pressure and extremely low temperature. • Sales volume of Pipeline steel and steel for wind-generator towers increased by 29% and 198% respectively • Steel plates for oil storage tanks and alloy pipeline steel such as T91 secured the biggest market shares in the country R&D expenditure to revenue Prices of steel products and raw materials

42. Hainan Mining: A Valuable Premium Asset Hainan Mining: The largest single-body open pit iron-rich ore mine and one of the most efficient mines in China. Note: Documented by Bureau of Land and Resources

43. Hainan Mining: Cost Advantage Key Operational Indicators

44. 2012 Operational Targets NISCO: output target (steel products/million tonnes) Hainan Mining: output target (iron ore/million tonnes) Forte: targets for pre-sales and booked GFA （’000 s.qm.） Jin’An Mining: output target Concentrated fines/ million tonnes) 44