Chindex Home Page || Company Overview || Corporate Backgrounder
Press Room || Chindex Stock Quotes || Corporate Directory

Chindex Press Room

CHINDEX INTERNATIONAL, INC.
DECLARES STOCK DIVIDEND

BETHESDA, MARYLAND, August 31, 2000…….. The Board of Directors of Chindex International, Inc. (NASDAQ National Market: CHDX) (U.S.-China Industrial Exchange, Inc.) has declared a ten percent stock dividend on the Company's outstanding Common Stock. The stock dividend is payable on September 27, 2000 to shareholders of record as of the close of business on September 13, 2000. Fractional shares will be paid in cash. The stock dividend will not apply to, and no dividend has been declared with respect to, the Company's Class B Common Stock.

Chindex is a leading American company in healthcare in the Greater Chinese marketplace including Hong Kong. It provides representative and distribution services to a number of major multinational companies including Acuson (diagnostic ultrasound scanners), Johnson & Johnson (clinical chemistry analyzers), Guidant (interventional cardiology products including stents, balloon catheters, and guide wires), Becton Dickinson (including hypodermic needles and syringes, infusion therapy systems, critical care systems, preanalytical solutions, and consumer healthcare products) and Tyco/Kendall Healthcare Products (including brands such as Davis & Geck, Sherwood, Kendall, Sheridan, and Curity). It also provides healthcare services through the operations of its private hospital corporation in China. With nearly twenty years of experience, approximately 330 employees, and operations in the United States, China and Hong Kong, the Chindex strategy is to expand its cross-cultural reach by providing leading edge technologies, quality products and services to Greater China's professional communities. Further company information may be found at the Chindex website, www.chindex.com.

Forward-Looking Statements: Cautionary Statement for Purposes of the "Safe Harbor'' Provisions of the Private Securities Litigation Reform Act of 1995: All statements, other than historical facts, included in the foregoing news release regarding Chindex’s financial position, business strategy, and plans of management for future operations are "forward looking statements.'' These statements are based on management's beliefs and assumptions, and on information currently available to management. These statements involve certain known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. These factors include, among others, the Company's ability to effect the dividend; changes in the market price of Common Stock and other market conditions; requirements of Nasdaq; and any uncertainties relating to business, economic, and political conditions in markets in which the Company operates.

*****

Chindex Home Page || Company Overview || Corporate Backgrounder
Press Room || Chindex Stock Quotes || Corporate Directory

Copyright © 1997 U.S.-China Industrial Exchange, Inc. All Rights Reserved.