Chindex Announces $6.5 Million Private Placement of Common Stock

March 23, 2005

Chindex International, an independent American provider of Western healthcare products distribution and healthcare services in the People's Republic of China, announced that it has entered into definitive agreements with institutional accredited investors with respect to the sale of 1,080,397 shares of its common stock, for an aggregate purchase price of approximately $6.5 million, together with warrants to purchase an additional 378, 137 shares of its common stock.

Reuters (http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=PR&symbol=CHDX.O&storyID=147669%2B22-Mar-2005%2BBW)