2010 April Business Updates

During April 2010, contracted sales GFA amounted to approximately 61,700 square meters while contracted sales revenue totaled approximately RMB1,017 million(equivalent to approximately HK$1,156 million), representing year-on-year increases of 102% and 396% respectively.

For the firstfour months of 2010, contracted sales GFA amounted to approximately 261,500 square meters while contracted sales revenue totaled RMB4,067 million (equivalent to approximately HK$4,622 million), representing year-on-year increases of 117% and 295% respectively, and representing 48% and 51% of our full year target of 540,000 square meters and RMB7,900 million (equivalent to approximately HK$9,000 million) respectively.

For the period from 1 January 2010 to 30April 2010, the Group s sales of GFA and revenue, including contracted sale and preliminary sales (the formal sale contracts of which are expected to be entered into soon), amounted to 312,200 square meters and approximately RMB5,006 million (equivalent to approximately HK$5,689 million) respectively, representing 58% and 63% of this year s target of 540,000 square meters and RMB7,900 million (equivalent to approximately HK$9,000 million) respectively.

Yuexiu Property Company Limited

Yuexiu Property Company Limited (HKEx Stock Code: 00123) (the Company ) was listed in Hong Kong in 1992 and is one of the top 10 integrated property developers in Guangzhou with its businesses mainly concentrated in the Guangzhou area.

Disclaimer

The Company would like to remind investors that the above-mentioned operating data are unaudited and are based on the summary of internal information, which may differ from figures to be disclosed in regular statutory reports. As such, the above is only for reference purpose. Investors should be cautious not to improperly rely on such information.