Longfor Properties Acquires Land Lot in Jiading District, Shanghai(34074)

Longfor Properties Acquires Land Lot in Jiading District, Shanghai

Hong Kong, 18 December 2009 Longfor Properties Co. Ltd. ( Longfor Properties or the Group , SEHK Stock Code: 960), a premier property developer in China, has acquired a parcel of land situated at Jiading District in Shanghai by means of bidding invitation, auction and listing system at a total consideration of RMB1.73 billion. The site covers a total area of approximately 65,000 sq. m. and a planned GFA of approximately 145,500 sq. m. About Longfor Properties Co. Ltd. Longfor Properties is a premier developer engaged in property development, investment and management in China, with a strong market position in the Beijing, Chongqing and Chengdu property markets, and with presence in Shanghai, Xi an, Wuxi, Shenyang and Changzhou. The Group serves a wide spectrum of customers, including the upper class, middle class and mass market. Its product offerings range from high-rise apartment buildings, low-rise garden apartments, townhouses, luxury stand-alone houses, as well as shopping malls and other commercial properties. For further enquiries, please contact Longfor Properties Co. Ltd.: Investor enquiries: Rita ZHANG Tel: 010-84661893 Email: zhangyan@mail.longhu.com Media enquiries: XU Tonghui Tel: 010-84661857 Email: xuth@longfor.com

Hong Kong, 18 December 2009 Longfor Properties Co. Ltd. ( Longfor Properties or the Group , SEHK Stock Code: 960), a premier property developer in China, has acquired a parcel of land situated at Jiading District in Shanghai by means of bidding invitation, auction and listing system at a total consideration of RMB1.73 billion. The site covers a total area of approximately 65,000 sq. m. and a planned GFA of approximately 145,500 sq. m.

About Longfor Properties Co. Ltd.

Longfor Properties is a premier developer engaged in property development, investment and management in China, with a strong market position in the Beijing, Chongqing and Chengdu property markets, and with presence in Shanghai, Xi an, Wuxi, Shenyang and Changzhou. The Group serves a wide spectrum of customers, including the upper class, middle class and mass market. Its product offerings range from high-rise apartment buildings, low-rise garden apartments, townhouses, luxury stand-alone houses, as well as shopping malls and other commercial properties.

For further enquiries, please contact Longfor Properties Co. Ltd.:

Investor enquiries:

Rita ZHANG

Tel: 010-84661893

Email: zhangyan@mail.longhu.com

Media enquiries:

XU Tonghui

Tel: 010-84661857

Email: xuth@longfor.com