[For immediate release] Central China Real Estate Limited Acquires Suiyang District project in Shangqiu City for RMB75.58 Million (29 January 2014 – Hong Kong) –– Central China Real Estate Limited (“CCRE” or the “Company”, together with its subsidiaries, the “Group”; SEHK stock code: 832), one of the leading Henan- based property developers, announces that on 3 January 2014, the Group acquired the land use rights of one land plot in Suiyang District of Shangqiu City in an auction process, for a total consideration of RMB 75.58 million. The land parcel is located at east of Guihua Road, west of Xueyuan Road, south of Yuhong Road and North of Houxun Road in Suiyang District of Shangqiu City, with an aggregate site area of approximately 31,491 sq.m. CCRE estimates the total expected gross floor area (“GFA”) could be approximately 113,897 sq.m., with an average land value per GFA (sq.m.) of RMB664. This new land purchase will be a mixed-use development, including residential, commercial and car park. CCRE plans to commence construction in March 2015 and estimates to complete the project by December 2017. - End - About CCRE Central China Real Estate Limited is one of the leading Henan-based property developers that focus on developing of high-quality residential properties. Known for its outstanding product quality, strong brand awareness and its experienced management team, the Company was ranked No. 1 in Henan’s real estate industry in 2012 China Top 500 Real Estate Developers and Top 10 Chinese Property Developers in Regional Operation in 2012. It has been named as China Top 100 Real Estate Developers for the past eight consecutive years. Moreover, Central China Real Estate Limited was ranked 19th in 2013 Top 100 Private Enterprises in Henan, ranking first in the real estate industry. And Central China Real Estate Limited was ranked 55th in terms of contracted sales and 30th in terms of contracted GFA sold in 2013 in the China real estate industry. For further information, please contact: Mr. Vinh Mai Head of Investor Relations and Chief Investment Officer Central China Real Estate Limited Email:[email protected] iPR Ogilvy & Mather Tina Law / Molisa Lau / Andrea Leung / Venus Wong Tel: (852) 2136 6181 / 2136 6953 / 3920 7684 / 3920 7649 Fax: (852) 31706606 Email: [email protected] .