Evergrande Real Esta : Evergrande Real Estate Group Limited Contracted Sales Results Update for December 2011 and for the Full Year of 2011

[For Immediate Release] Evergrande Real Estate Group Limited

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(incorporated in the Cayman Islands with limited liability)

Evergrande Real Estate Group Limited Contracted Sales Results Update for December 2011 and for the Full Year of 2011

(4 January 2012, Hong Kong) Evergrande Real Estate Group Limited ("Evergrande" or the "Group", SEHK stock code: 3333), one of the leading large-scale integrated residential property developers in China, is pleased to announce today its contracted property sales results for the month of December
2011 and for the year ended 31 December 2011.
In December 2011, the Group achieved contracted sales of RMB1.28 billion. Contracted sold GFA aggregated 178,000 sq. m., while contracted average selling price ("ASP") for the month was RMB7,214 per sq. m..
For the full year of 2011, the Group's aggregate contracted sales amounted to RMB80.39 billion, equivalent to 114.8% of the full-year contracted sales target. Contracted sold GFA aggregated 12,199,000 sq. m. and contracted ASP was RMB6,590 per sq. m.. The contracted sales, contracted sold GFA and contracted ASP recorded for the full year of 2011 represented increases of 59.4%, 54.7% and
3.1% respectively, from those of last year.

Figure: Comparison of Contracted Sales, Contracted Sold GFA and Contracted ASP for the Year Ended 31 December 2011 vs. 2010

50,424

80,393

12,199

6,394

6,590

2010 2011 2010 2011 2010 2011

Contracted Sales

(RMB million)

Contracted Sold GFA ('000 sq. m.)

Contracted ASP (RMB/sq. m.)

Evergrande Real Estate Group Limited

Contracted Sales Results Update for December 2011 and for the Full Year of 2011

4 January 2012/Page 2

(Cont'd)

(In view of variables in the course of sales, there may be discrepancies between the above-mentioned unaudited sales information and information disclosed in periodic reports. Therefore, the relevant statistics are periodic information solely for investors' reference.)
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