Country Garden : REDEMPTION OF 7.50% SENIOR NOTES DUE 2023

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States, outside the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States or outside of the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. The Company does not intend to make any public offering of securities in the United States.

COUNTRY GARDEN HOLDINGS COMPANY LIMITED ၀࣭෤છٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2007)

REDEMPTION OF 7.50% SENIOR NOTES DUE 2023

Reference is made to the announcement of Country Garden Holdings Company Limited (the "Company") dated 4 January 2013 (the "2013 Announcement") in relation to the issuance of 7.50% senior notes due 2023 (the "2023 Notes"), and the announcement of the Company dated 10 January 2018 (the "2018 Announcement", together with the 2013 Announcement, the "Announcements") in relation to the issuance of 4.750% senior notes due 2023 and 5.125% senior notes due 2025 (the "January 2023 Notes and January 2025 Notes"). Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcements.

Pursuant to the terms of the indenture dated as of 10 January 2013 (as amended or supplemented from time to time), among the Company, the entities set forth in Schedule I thereto as Subsidiary Guarantors and The Bank of New York Mellon, as trustee (the "Trustee") entered into in connection with the issuance of the 2023 Notes, the Company announces today that it has informed the Trustee and holders of the 2023 Notes that all the outstanding 2023 Notes will be redeemed in full on 20 February 2018 (the "Redemption Date") at a redemption price equal to 103.75% of the principal amount thereof, plus accrued and unpaid interest to (but not including) the Redemption Date (the "Redemption Price").

As of the date of this announcement, the outstanding principal amount of the 2023 Notes is US$750,000,000. The Company will use proceeds from the offering of the January 2023 Notes and the January 2025 Notes to satisfy the payment of the redemption of the 2023 Notes.

Upon redemption of the outstanding 2023 Notes on the Redemption Date, there will be no further outstanding 2023 Notes in issue. Accordingly, upon redemption of the outstanding 2023 Notes, the 2023 Notes will be cancelled and delisted from the Singapore Exchange Securities Trading Limited.

By Order of the Board

Country Garden Holdings Company Limited

MO Bin

President and Executive Director

Foshan, Guangdong Province, the PRC, 19 January 2018

As of the date of this announcement, the executive directors of the Company are Mr. YEUNG Kwok Keung (Chairman), Ms. YANG Huiyan (Vice Chairman), Mr. MO Bin (President), Ms. YANG Ziying, Mr. YANG Zhicheng, Mr. XIE Shutai, Mr. SONG Jun, Mr. LIANG Guokun and Mr. SU Baiyuan. The non-executive director of the Company is Mr. CHEN Chong. The independent non-executive directors of the Company are Mr. LAI Ming, Joseph, Mr. SHEK Lai Him, Abraham, Mr. TONG Wui Tung, Mr. HUANG Hongyan, Mr. MEI Wenjue and Mr. YEUNG Kwok On.