Law Offices of Howard G. Smith Announces Investigation On Behalf of Investors of Wal-Mart de Mexico SAB de CV

Law Offices of Howard G. Smith announces that it is investigating potential claims against Wal-Mart de Mexico SAB de CV (“Wal-Mart de Mexico” or the “Company”) (OTC Markets:WMMVY) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by Wal-Mart de México between February 21, 2012 and April 22, 2012 regarding the Company’s operations and financial performance. Wal-Mart de México owns and operates a network of retail stores in Mexico and Central America.

The investigation is related to allegations that Wal-Mart de Mexico – the largest foreign subsidiary of U.S.-based Wal-Mart Stores, Inc. (“Wal-Mart”) -- had orchestrated a multi-year campaign of bribery to win market dominance, and that Wal-Mart de Mexico executives knew about the payments and actively took steps to conceal them, thereby causing Wal-Mart de Mexico American Depositary Shares ("ADRs") to trade at artificially inflated prices. In April 2012, The New York Times reported that in 2005 Wal-Mart’s own investigators found evidence confirming these and other instances of alleged bribery.

If you purchased Wal-Mart de México ADRs between February 21, 2012 and April 22, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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