For Immediate Release

Hang Lung Group and Launch New Corporate Websites

(Hong Kong, January 26, 2011) Hang Lung Group Limited (stock code: 10) and Hang Lung Properties Limited (stock code: 101) are proud to announce the unveiling of their new corporate websites on January 24, offering our valued stakeholders and the public at large a more complete understanding of our Company and a premium online surfing experience.

The new websites have a brand new look and feel in their design and function. We have added dynamic and interactive interfaces, with highlights including an interactive map and a highly efficient search engine to facilitate access to a comprehensive range of information about our properties.

The revamped websites, through a well-structured site map and an enhanced emphasis on content and our top priorities, give our stakeholders a more user-friendly platform to navigate the sites. For example, the “Home Page“ showcases our featured products in Hong Kong and on the Mainland, together with a brief description, by means of an automatic photo slideshow. New features include “Latest News”, displaying up-to-the-minute corporate information, and a “Promotion” page listing all details of our present and future promotional activites in our Hong Kong and Mainland properties.

To further promote the Company’s operating philosophy, the “Corporate Governance” and “Sustainability“ designated pages are purposely placed at the top menu of the new websites so that the general public can more easily locate the relevant information they seek.

Apart from the corporate websites, the Company is targeted to launch separate websites for our Hong Kong and Mainland properties, namely The Peak Galleria, Fashion Walk and Amoy Plaza in Hong Kong; Plaza 66 and The Grand Gateway in Shanghai; Palace 66 in ; Parc 66 in ; Forum 66 in Shenyang; Center 66 in ; Riverside 66 in ; and Olympia 66 in .

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Embodying a contemporary design and systematic information architecture, the new websites express our commitment to product quality, showcase our extensive product portfolio and highlight our business positioning. To experience the enhanced online services provided by Hang Lung, please visit our revamped websites at:

Hang Lung Properties: www.hanglung.com Hang Lung Group: www.hanglunggroup.com

About Hang Lung Group Hang Lung Group is listed on the Stock Exchange of Hong Kong Limited and is one of the most established listed companies in Hong Kong with 50 years of experience in the property development market. Through its subsidiary – Hang Lung Properties Limited – the Group has built a leading reputation as a top tier property developer in Hong Kong and on the Mainland, with a recognized commitment to quality.

The Group’s businesses in Hong Kong include property development for sale and lease. Our substantial portfolio includes well-planned large-scale commercial, office and residential developments in prominent locations.

In November 2009, Hang Lung Group was named among the Ten Best Performing Companies in Corporate Governance Score in a survey jointly organized by The Hong Kong Institute of Directors and Hong Kong Baptist University.

About Hang Lung Properties Hang Lung Properties Limited, a constituent stock of the Hang Seng Index and Hang Seng Corporate Sustainability Indices in Hong Kong, is a leading real estate developer in Hong Kong and Mainland China. Having built up a diversified portfolio of investment properties in Hong Kong, the Company ventured into Mainland China in 1992, developing two landmark properties, Plaza 66 and The Grand Gateway, in Shanghai. Riding on this success, the Company’s footprint has now expanded to Shenyang, Jinan, Wuxi, Dalian and Tianjin. The next world-class investment property to come on stream after Palace 66, opened in Shenyang in June 2010, is Parc 66 in Jinan.

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Media contact: Ms. May Lam, Senior Manager – Corporate Communications, (852) 2879-0361, [email protected] Page 2 of 2