EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (this Agreement) is entered into by and between Home Inns and Hotels Management (Hong Kong) Limited, a Hong Kong incorporated company (the Employer), and May Yihong Wu (the Employee), effective as of March 1 2006 (Effective Date).

RECITALS

A. Employer desires to employ Employee on the terms and conditions set forth herein; and

B. Employee desires to be employed by Employer in such capacity on such terms and conditions.

AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:

1 Employment. Employer agrees to employ Employee, and Employee hereby accepts such employment, on the terms and conditions set forth herein commencing on March 1, 2006 (the Commencement Date).

2 Duties.

a. Employee shall initially have the title of Senior Vice President of Finance and be appointed as Chief Financial Officer [6] months from the starting date of employment. Employee shall concentrate on her duties; and such other responsibilities, consistent with Employees position, as may reasonably be assigned to her from time to time by Employer while being employed.

b. Employee shall at all times comply, to the best of Employees knowledge, with (i) all material applicable laws, rules and regulations that are related to Employees responsibilities assumed hereunder, and (ii) all material written corporate and business policies and procedures of Employer whether generally applicable to all of Employers employees or made specifically applicable to Employee as advised in advance by Employer to Employee in writing but only to the extent such policies and procedures are not inconsistent with the other provisions of this Agreement.

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