Explanation on Evergrande s Property Sales

I Evergrande s properties were sold at a discount of 5% to 10% at different times before they had the uniform price at a discount of 15%, which meant all the properties had an allowance of 5% to 10% of the actual price.

The special discount of Evergrande s prosperities is determined according to the state of market, with the adjustment once every two weeks in principle.

Unfortunately, on May 7, two local media confounded the clearance price of certain floor and remaining houses with poor orientations (the proportion not exceeding 2%) with the uniform price at a discount of 15%, and arrived at and spread the conclusion that the price seemed to decrease but actually increased.

All the sales and information about Evergrande should be subject to our company s official website (www.evergrande.com).

We welcome the media and the society to supervise Evergrande s property sales.