Atlas International

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

PROGRESS UPDATE ANNOUNCEMENT ON COMPLETION OF ACQUISITION OF MEADOWBROOK INSURANCE GROUP, INC. BY WAY OF MERGER

Reference is made to the announcement of Fosun International Limited (the "Company") dated 31
December 2014 in relation to the acquisition of Meadowbrook Insurance Group, Inc. ("MIG") by way of merger (the "Announcement"). Capitalized terms used in this announcement have the same meanings as defined in the Announcement, unless the context requires otherwise.
On 7 July 2015 (US time), all conditions precedent set out in the Merger Agreement have been satisfied, and the Acquisition has been completed on 7 July 2015 (US time) (the "Completion"). In connection with the Acquisition, MIG Common Stock will be delisted and cease trading on the New York Stock Exchange as of the close of trading on 7 July 2015 (US time).
After the Completion, MIG becomes a wholly-owned subsidiary of the Company. The Company is of the view that the outstanding investment capability of the Group will effectively facilitate MIG in managing its assets and improve its revenue and synergies could be achieved between other insurance and reinsurance businesses of the Group and MIG.

By Order of the Board Fosun International Limited Guo Guangchang

Chairman

Shanghai, the PRC, 8 July 2015

As at the date of this announcement, the executive directors of the Company are Mr. Guo Guangchang, Mr. Liang Xinjun, Mr. Wang Qunbin, Mr. Ding Guoqi, Mr. Qin Xuetang and Mr. Wu Ping; the non-executive director is Mr. Fan Wei; and the independent non-executive directors are Mr. Zhang Shengman, Mr. Zhang Huaqiao, Mr. David T. Zhang and Mr. Yang Chao.

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