Kaisa Group ranks 5th among TOP 10 China-Affiliated HK-Listed Companies of Listed PRC Real Estate Companies in Composite value

In the 2010 ranking of listed PRC real estate companies announced by First Financial Daily 5 November 2010, Kaisa Group, a newcomer in the Hong Kong stock market listed late last year, ranked was 5^th among TOP 10 China-Affiliated HK-Listed Companies of Listed PRC Real Estate Companies in Composite value.

First Financial Daily is in the fourth year of publishing this annual ranking of listed PRC real estate companies, a highly authoritative assessment of PRC real estate players organized jointly with First Financial Research Institute with China Securities Regulatory Commission, Finance Research Institute of the Development Research Centre under the State Council, Committee of Experts on Listed Companies Shanghai Stock Exchange, General Research Institute of Shenzhen Stock Exchange and Hong Kong Stock Exchange with advisors. The ranking is aimed at providing references and information for investors as a platform for identifying and showcasing enterprise investment value and credit rating.

The value of a listed company represents an overall indicator of the Company s strengths, reflecting its level of wealth buildup, ability for long-term growth, operating financial conditions, as well as brand recognition and social influence. The composite value of a listed real estate company is reflected in 5 dimensions: wealth, growth, finance, brand and social influence. These dimensions form the core of the composite value of a listed real estate company and also give the substance at different levels to the value system. As such, the composite value is able to fully reflect the genuine value of a listed real estate company. This year, the ranking has been focused on listed real estate companies, which represent a large and rapidly expanding group. All top-tier real estate players have been included, as well as substantially all key regional real estate companies.

Founded and based in Shenzhen, Kaisa Group has astonished the industry with its unique business model and robust development potential which have powered it to a 2^nd ranking in composite strengths among Shenzhen real estate developers for 3 years in a row, as well as a forerunning position over the years in terms of sales. Following its IPO, Kaisa Group s development has take further strides in quality, underpinned by more sophisticated treasury operations and more comprehensive financial data. On the back of its experience in business development and extensive social resources after 10 years in operation, its recent access to the international capital market has brought further enhancement to its brand value. From 2007 to 2009, the Group reported growth of more than 70% in total assets, while sales revenue also increased by 126% during this period. For the 10 months ended 30 October 2010, the Group had bagged contract sales revenue of approximately RMB7,700 million, representing strong growth of 87% over the same period last year and underpinning its fast expansion and robust potential for development.