[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,]

[China Jo-Jo Drugstores Opens 4 New Locations in Hangzhou, is on Pace for 33 Total Locations in Hangzhou by July 31, 2010 and Targets 60 Total Locations within Zhejiang Province by March 31, 2011 HANGZHOU, China--(BUSINESS WIRE)--May 4, 2010--China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDD) ("Jo-Jo Drugstores" or the "Company"), which operates a retail pharmacy chain in the People’s Republic of China] []

[China Jo-Jo Drugstores, Inc. Announces Closing of Public Offering of Common Stock HANGZHOU, China--(BUSINESS WIRE)--April 28, 2010--China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDD) ("Jo-Jo Drugstores" or the "Company"), which operates a retail pharmacy chain in the People’s Republic of China (the “PRC”), today announced that it closed its previously announced public offering of 3.5 million shares of common stock. Gross proceeds to]

[China Jo-Jo Drugstores, Inc. Announces its Common Stock Has Been Approved for Trading on The NASDAQ Capital Market and Pricing of Public Offering of Common Stock HANGZHOU, China--(BUSINESS WIRE)--April 22, 2010--China Jo-Jo Drugstores, Inc. (NASDAQ: CJJDD) (“Jo-Jo Drugstores” or the “Company”), which operates a retail pharmacy chain in the People’s Republic of China (the “PRC”), today announced the listing of]