7 Days Group Holdings Limited announced that Mr. Jeffrey Perlman, a member of the Company's board of directors, resigned as a Company director.

7 Days Group Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of RMB 678,110,000 compared to RMB 577,639,000 a year ago. Net revenues were RMB 640,540,000 compared to RMB 545,027,000 a year ago. Income from operations was RMB 13,725,000 compared to RMB 23,303,000 a year ago. Income before income taxes was RMB 10,233,000 compared to RMB 19,027,000 a year ago. Net income attributable to ordinary shareholders was RMB 5,444,000 or RMB 0.04 per basic and diluted share compared to net income attributable to ordinary shareholders of RMB 18,969,000 or RMB 0.13 per basic ad diluted share a year ago. EBITDA (non-GAAP) was RMB 106,205,000 compared to RMB 105,756,000 a year ago. Adjusted EBITDA (non- GAAP) excluding share-based compensation expenses was RMB 112,887,000 compared to RMB 114,624,000 a year ago. Non-GAAP net income attributable to ordinary shareholders excluding share-based compensation expenses was RMB 12,126,000 against RMB 27,837,000 a year ago. Diluted earnings per ordinary share (Non-GAAP), excluding share-based compensation expenses were RMB 0.08 against RMB 0.18 a year ago. Net operating cash inflow was RMB 76.6 million compared to RMB 93.8 million in the same period in 2012. The increase in total net Revenue was primarily resulting from the continued growth in the number of hotels in operation. The company expects to generate total net revenues in the range of RMB 735 million to RMB 745 million in the second quarter 2013.

7 Days Group Holdings Limited, Q1 2013 Earnings Call, May 13, 2013