[CHINA JO-JO DRUGSTORE China Jo-Jo Drugstores, Inc. July 13, 2010 Company Highlights Issuer: China Jo-Jo Drugstores, Inc. Ticker/Exchange: CJJD / NASDAQ Capital Market Shares Outstanding: 13,500,002 Current Price: $4.30 Market Capitalization 60.8 million Year End March 31, Revenues FYE 3/31/10 55.1 million Operating Income FYE 3/31/10 12.8 million Store locations 6/25/10 31 (Hangzhou) Estimated locations by 3/31/11 60 (within Zhejiang]

[China Jo-Jo Drugstores, Inc. to Participate in Global Hunter Securities 2010 China Conference HANGZHOU, China--(BUSINESS WIRE)--July 12, 2010--China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) (“CJJD” or the “Company”), an operator of a retail pharmacy chain based in Hangzhou, today announced the Company will present at the Global Hunter Securities 2010 China Conference being held July 11-13, 2010 in San Francisco, California.]

[China Jo-Jo Drugstores Announces Fiscal Year March 31, 2010 and Fourth Quarter Financial Results Posts Record $55.1 Million Revenue, $12.8 Million Operating Margin and $9.8 Million Net Income for Year Ended March 31, 2010 To Host Conference Call at 8AM ET on Thursday, July 1, 2010 CJJD HANGZHOU, China--(BUSINESS WIRE)--June 30, 2010--China Jo-Jo Drugstores, Inc. (NASDAQ: Fiscal Year Ended March]

[+86 (571) 88077078 (Issuer Telephone Number) N/A (Former name or former address, if changed since last report) Title of Each Class Name of Each Exchange on Which Registered Common Stock $0.001 Par Value NASDAQ Capital Market o þ o þ þ o o o o o Large accelerated filer o Accelerated filer o Non-accelerated filer þ Smaller reporting company o] [SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Lei Liu, certify that: 1. I have reviewed this annual report on Form 10-K of China Jo-Jo Drugstores, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light] [SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Bennet P. Tchaikovsky, certify that: 1. I have reviewed this annual report on Form 10-K of China Jo-Jo Drugstores, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company at the dates and for the periods indicated. Lei Liu Chief Executive Officer June 29, 2010] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company at the dates and for the periods indicated. Bennet P. Tchaikovsky Chief Financial Officer June 29, 2010] [PROJECT AGREEMENT Party A: The People’s Government of Qianhong Village, Lin’an, Zhejiang Province (“Party A”) Party B: Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd. (“Party B”) 1. Party B intends to launch an herbal plantation project in Qianhong Village (the “Project”). 2. Party A agrees to lease state-owned industrial land of 28 Mu and forestry land of 295 Mu to] [SECURITY DEPOSIT AGREEMENT Party A: The People’s Government of Qianhong Village, Lin’an, Zhejiang Province (“Party A”) Party B: Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd. (“Party B”) 1. Party B intends to launch an herbal plantation project in Qianhong Village. 2. Party A agrees to lease state-owned industrial land of 28 Mu and forestry land of 295 Mu to Party]

[LOANOUT AGREEMENT This LOANOUT AGREEMENT (this “Agreement”), dated as of May 14, 2010 (the “Effective Date”), by and between Worldwide Officers, Inc. a California Corporation having its principal location of 6571 Morningside Drive, Huntington Beach, California 92648 (“Lender”), and China Jo-Jo Drugstores, Inc. having a principal location at Room 507-513, 5th Floor, A Building, Meidu Plaza Gongshu District, Hangzhou, Zhejiang] [INDEMNIFICATION AGREEMENT THIS AGREEMENT is entered into, effective as of May 14, 2010 by and between China Jo-Jo Drugstores, Inc., a Nevada corporation (the “Company”), and Bennet P. Tchaikovsky (“Indemnitee”). WHEREAS, it is essential to the Company to retain and attract as directors and officers the most capable persons available; WHEREAS, Indemnitee is an officer of the Company; and WHEREAS,]