Zuoan Fashion Limited (NYSE: ZA) (“Zuoan” or the “Company”), a leading design-driven fashion casual menswear company in China, today announced that it will hold its annual general meeting of shareholders on December 29, 2011 at 11:00 a.m., local time, at 7/F, Meeting Room No.3, Four Points by Sheraton Shanghai, Daning, 1928 Gong He Xin Road, Shanghai, China. The shareholder record date is November 24, 2011.

At the meeting, shareholders will be asked to re-elect Mr. Chaoshen Wang and Mr. Tianzhen Hong to the Company’s Board of Directors, ratify the appointment of GHP Horwath, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2011, and transact any such other business that may properly come before the meeting.

Zuoan has filed its 2010 annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2010, with the U.S. Securities and Exchange Commission (the “SEC”). Zuoan’s Form 20-F can be accessed on the Investor Relations section of the Company’s website at http://zuoancn.investorroom.com as well as on the SEC’s website at http://www.sec.gov. The notice of the annual general meeting of shareholders and the proxy statement relating to the meeting are available on the Company’s website at http://zuoancn.investorroom.com.

About Zuoan Fashion Limited

Zuoan Fashion Limited is a leading design-driven fashion casual menswear company in China and is headquartered in Shanghai. Zuoan offers a wide range of products, including men’s casual apparel, footwear and lifestyle accessories, primarily targeting urban males between the ages of 20 and 40 who prefer stylish clothing that represents a sophisticated lifestyle. Through extensive networks of distributors and retail stores, Zuoan sells its products in 27 of China’s 32 provinces and municipalities. As of June 30, 2011, Zuoan had 1,167 stores located in China.

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