Beijing Kingsoft Office Software, Inc. (SHSE:688111) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at no more than CNY 380 per share.

The purpose of the program is to use repurchased shares to implement the employee stock ownership plan and equity incentive plan. If the company fails to use the shares for said purpose within 3 years of the completion of the program, the shares that have not been used will be cancelled. The program will be funded from company's own funds.

The program will be valid for 12 months.