Debt - Listing Confirmation::US$540,000,000 6.5% Senior Notes due 2025

1. The Notes will be listed and quoted in the Bond Market with effect from 9.00 a.m., Monday, 13 January 2020.

2. The short name of the Notes is Sunac n6.5%250110S and the ISIN Code is XS2100444772.

The letter 'S' denotes that trading of the Notes is restricted to the persons specified in Sections 274 and 275 of the Securities and Futures Act (the 'SFA').

3. The Notes will be quoted and traded in US Dollar (US$). The Notes will be in denomination of US$200,000 and integral multiples of US$1,000. The Notes will be traded in a minimum board lot size of US$200,000.

4. The issue date of the Notes is 10 January 2020.

5. The name and address of the Principal Paying Agent is as follows:

Deutsche Bank AG, Hong Kong Branch
Level 52, International Commerce Centre
1 Austin Road West, Kowloon
Hong Kong

6. The Lead Managers/Bookrunners of the Notes are The Hongkong and Shanghai Banking Corporation Limited, Morgan Stanley & Co. International plc, Barclays Bank PLC, China CITIC Bank International Limited, Credit Suisse (Hong Kong) Limited, Deutsche Bank AG, Hong Kong Branch, Guotai Junan Securities (Hong Kong) Limited and Nomura International (Hong Kong) Limited.

7. Please refer to the Issuer's offering documents for complete details before trading.