7 Days Group Holdings Limited Completes Acquisition of Huatian Star

　　7 Days Group Holdings Limited("7 Days" or the "Company"), a leading economy hotel chain based in China, announced today that it has completed its acquisition of 100% ownership of Hunan Huatian Star Hotel Management Limited ("Huatian Star") from Huatian Star"s parent company, Huatian Hotel Group Co. Ltd.

　　With the completion of the acquisition, 7 Days has gained 100% ownership of the 21 leased-and-operated Huatian Star hotels in prime locations across 12 cities in China including Changsha, Wuhan and Zhengzhou. The Company has taken operational responsibility for the 21 hotels and has completed the conversion process for the majority of the hotels. Huatian Star"s results will be consolidated into 7 Days" financial reporting starting from December 31, 2011.

　　Mr. Alex Nanyan Zheng, 7 Days Group"s Chief Executive Officer and Director, commented, "We are pleased to announce the completion of our acquisition of the 21 leased-and-operated Huatian Star hotels. The acquisition is in-line with our rapid expansion strategy and complements our robust organic growth, further expanding our hotel footprint in 12 cities. The economy hotel segment in China remains highly fragmented, and we believe that the current market environment may provide additional acquisition opportunities at reasonable prices. As such, we intend to leverage the valuable experience we have gained from our acquisition of Huatian Stars as we partake in the ongoing consolidation of the economy hotel market in China."

　　About 7 Days Group Holdings Limited

　　7 Days Group is a leading and fast growing national economy hotel chain based in China. It converts and operates limited service economy hotels across major metropolitan areas in China under its award-winning "7 Days Inn" brand. The Company strives to offer consistent and high-quality accommodations and services primarily to the growing population of value conscious business and leisure travelers who demand affordable, clean, comfortable, convenient and safe lodging, and to respond to its guests" needs.