Yuexiu Property Monthly Update Issue 9 ‧October 19th 2012

I. Monthly Contracted Sales (Unaudited) Highlights： In September, Yuexiu Property’s contracted sales value was approximately RMB1,376 million P.1 Monthly Contracted Sales and the contracted sales GFA was approximately 125,400 sq.m., representing a year-on-year P.1 Other News increase of 10% and 47%, respectively. P.2 Project Highlights P.3 Recent Investor & Media Events P.3 Upcoming Investor & Media Events The Company’s accumulated contracted sales value for January to September 2012 was approximately RMB11.02 billion, with a corresponding GFA of 892,000 sq.m., representing a year-on-year increase of 134% and 178% respectively, and accounting for 110% and 93% of the 2012 contracted sales targets of no less than RMB10 billion and 960,000 sq.m.. GZIFC Opening Ceremony

During the period, the Company’s aggregate contracted sales and preliminary sales value (the formal sales contracts that are expected to be entered into soon) amounted to RMB11.977 billion, with a corresponding GFA of 969,700 sq.m..

The preliminary sales value for the National Day Golden Week was approximately RMB434 million, with a corresponding GFA of approximately 39,200 sq.m., representing a year-on-year increase of 63% and 118% respectively.

As of 7 October, the Company’s accumulated contracted sales and preliminary sales value was approximately RMB12.411 billion, with a corresponding GFA of approximately 1,008,900 sq.m., and accounting for 124% and 105% of the 2012 contracted sales targets of no less than RMB10 billion and 960,000 sq.m..

II. Other News

The Injection of International Finance Center into REIT Was Completed Successfully

The Company’s injection of Guangzhou International Finance Center into Yuexiu Real Estate Investment Trust (“Yuexiu REIT”) at a transfer value of RMB13.44 billion was completed on 8 October. Aggregated with the contracted and preliminary sales value of the Company between January and 7 October 2012, the total sales value was RMB 25.851 billion. The completion of the transaction has set up a milestone to symbolize a successful leverage of the unique platform of normalized interaction between “Yuexiu Property and Yuexiu REIT”, also has kicked off an implementation of the long term key business paradigm of “Development, Operation and Securitization (DOS) with a big bang. In the future, the two Companies will continue developing their respective competitive advantages, deepening the unique platform, and creating sustainable growth and profitability after all.

The Opening Ceremony of Guangzhou International Finance Center “Excellence without Limits”

On 26 September, the grand opening ceremony of Guangzhou International Finance Center (“GZIFC”) took place at Guangzhou Four Seasons Hotel, signifying the official full commencement of the first super high mixed-use commercial building in , which features the Four Seasons Hotel, grade A office building, a premium shopping mall, Ascott Serviced Apartments and an international conference center. More than 300 guests 1

GZIFC’s Laser Performance at Night including Mr. Wan Qingliang, member of the Standing Committee of Provincial Party Committee, Party Secretary of Guagnzhou Municipal Party Committee, officials from Provincial Government and Guangzhou Municipal Government, academics and specialists attended the ceremony.

Situated at the southwest of Zhujiang New Town, Guangzhou City, the GZIFC lies right on the new central axis of Guangzhou, making it the iconic building in the area. Being one of the top 10 tallest buildings in the world, the project is in the neighborhood of , and Guangzhou Library, comprising 4 underground levels, a 103-storey main building and a 28-storey podium building, standing 432 meters tall.

Recent Acquisitions Further Enhanced the Company Strategy of “Home Base in Guangzhou and Strategic Expansion Nationwide”.

On 19 September, the Company acquired a parcel of land located at the Yantai City Economic and Technology Development Zone, Shandong Province, by way of open auction, with a total site area of approximately 200,000 sq.m. and a permissible gross floor area of approximately 480,000 sq.m.. The consideration is RMB530 million and the average land cost amounted to approximately RMB1,100 per sq.m.. The land parcel has been approved for residential and commercial uses.

On 26 September, the Company acquired a parcel of land located in , Guangzhou City, Guangdong Province, by way of open tender, with a total site area of approximately 90,500 sq.m. and a total permissible GFA of approximately 226,400 sq.m.. The consideration is approximately RMB1,250 million, representing an average land cost of approximately RMB5,500 per sq.m.. The land has been approved for residential use.

On 10 October, the Company acquired a parcel of land located at Changling Road, Luogang District, Guangzhou City, Guangdong Province, by way of open tender, with a total site area of approximately 157,200 sq.m. and a total permissible GFA of approximately 314,300 sq.m.. The consideration is approximately RMB1,650 million, representing an average land cost of approximately RMB5,250 per sq.m.. The land has been approved for residential use.

On 12 October, the Company acquired a parcel of land located at Tazi Lake, Jiang’an District, Wuhan City, Hubei Province, by way of open tender, with a total site area of Wuhan Starry Winking approximately 141,800 sq.m. and a total permissible GFA of approximately 323,900 sq.m.. The consideration is approximately RMB1,201 million, representing an average land cost of approximately RMB3,710 per sq.m.. The land parcel has been approved for residential and commercial uses.

III. Project Highlights

Wuhan Starry Winking (Formerly Wuhan Qiaokou Project)

Wuhan Starry Winking is located at the intersection of Jinghan Road and Qiankou Road, the core area of Hanjiang Ecological Business Zone according to the 12th Five-Year Plan of the Wuhan Municipal Government. The area connects with the Wuhan Metro Line No. 1 seamlessly and with 5 minutes driving to the Wuchang District and Hanyang District. The project covers a site area of approximately 100,000 sq.m. and a total construction area of approximately 640,000 sq.m., which will be developed into an upscale boutique-style metropolitan complex integrating luxurious residence, shopping, business and entertainment, and creating an all-purpose modern urban living. The ancillary facilities also include education institutions, supermarkets, hospitals, etc., which form a convenient community that suits all needs. On 28 September, the project was officially launched and the first phase delivered apartments with GFA mainly ranging from 96 to 173 sq.m. with two to three bedrooms.

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Latest Yuexiu Property Research Yuexiu Property’s Latest Research Reports： Report by Kim Eng

Issued Date Company 2012-10-08 Sunwah Kingsway 2012-09-24 Kim Eng Securities 2012-09-11 Deutsche Bank 2012-09-06 Mizuho 2012-09-05 BOCOM

IV. Recent Investor and Media Events

Events Date Venue 2012 Kingsway Investors 2012-09-06 Hong Kong Latest Yuexiu Property Research Conference Report by Sunwah Kingsway

GZIFC Full Opening Ceremony 2012-09-26 Guangzhou

V. Upcoming Investor and Media Events

Event Date Venue “Capital Weekly” The Excellence of 2012-10-26 Shangri-La Hotel Listed Enterprise Awards 2012 Hong Kong Citi Greater Investor 2012-11-01 Grand Hyatt Hotel Conference 2012 Macau

BAML Investor conference 2012-11-07~ Beijing 2012-11-08

Morgan Stanley Asia Pacific Summit 2012-11-09 Hong Kong

Yuexiu Property Monthly Update CLSA Property Access Day 2012-11-21 J.W. Marriott Issue 9 ‧ October 19th 2012 Hotel Hong Kong For Enquires, Please Contact: CIMB 8th HK/China Conference 2012-11-26~ Hong Kong 2012-11-27 Yuexiu Property Company Limited Ms. Carrie Li Investor Relations Officer Yuexiu Property Company Limited Tel：（852）2593 2326 Yuexiu Property Company Limited (HKEx Stock Code: 00123) was listed in Hong Kong in 1992. Fax：（852）2511 0832 The core business of the Company is property development and investment, with a main focus in Guangzhou, and gradually expanding into the Delta, Yangtze River Delta, Bohai Rim Email：[email protected] Economic Zone and Central Region. As at 30 June 2012, the Company’s combined GFA of properties under development and undeveloped properties was approximately 11.53 million sq.m.. Weber Shandwick Ms. Jessica Or / Mr. Steve Lee

Disclaimer Tel：（852）2533 9993 / 2533 9986 The Company wishes to remind investors that the above operational statistics are based on the Fax：（852）2868 0224 Group’s internal records which are unaudited. Differences may arise between such statistics and Email: [email protected] the data disclosed in subsequent audited financial statements. Such statistics including but not [email protected] limited to major research reports are provisional and for reference purposes only. Investors are cautioned not to rely unduly on such statistics.

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