Agile Property Holdings Limited : Agile Successfully Acquired a Site in Foshan City Guangdong Province

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(27 February 2014, Hong Kong) - Agile Property Holdings Limited ("Agile" or the "Group"; Stock Code: 3383), one of the leading property developers in China, is pleased to announce its acquisition of the land use rights of a residential site ("site'') in Foshan City, Guangdong Province at a total consideration of RMB666 million. The site covers a total of
45,000 sq.m. with a planned GFA of 143,000 sq.m., while the average land cost is
RMB4,647 per sq.m..
Located at Nanhai District of Foshan City, the site enjoys excellent geographical advantages as it is surrounded by convenient transportation network accessible by a number of arterial highways including Guangzhou-Foshan Expressway and Guangzhou-Kaiping Expressway. The site is well-situated in the proximity of comprehensive facilities including Government Building, a hotel, shopping malls, a hospital and schools and has demonstrated huge potential for development.
Management commented, "The site is expected to further strengthen the Group's development in Southern China Region, and create synergy with existing projects in the region. Imperial Palace Nanhai launched in 2011 was well-received by the local market. We are confident that our brand awareness in Foshan City and Southern China Region will be further enhanced through this project. The Group is determined to adopt a prudent yet proactive approach in seeking development opportunities in the future, while upholding our industry-leading position and striving for good returns for our shareholders and customers."
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Agile Successfully Acquired a Site in Foshan City, Guangdong Province

Further Strengthening its Development in Southern China Region

27 February 2014/ Page 2

Agile (stock code: 3383) is one of the leading property developers in China. As a renowned brand in China, Agile is principally engaged in the development of large-scale comprehensive property projects, with extensive presence in the businesses of hotel operations, property investment and property management. The Group currently owns a diversified portfolio in over 40 cities and districts and has a land bank with a total GFA of over 45 million sq.m. (Including both lands with titles and lands with contractual interests).
The shares of Agile have been listed on the Main Board of Hong Kong Stock Exchange since 2005 and is a constituent of the Morgan Stanley Capital International China Index, the Hang Seng Composite Index, the Hang Seng Composite Size Index, the Hang Seng Mainland 100, CSI Hong Kong Private-owned Mainland Enterprises Index, CSI Hong Kong Mainland Enterprises Index and CSI HKT Mainland Real Estate Index.
For more information, please contact:

Callis Lau / Charis Yau / James Wong / Raisy Zhong

Tel: (852) 2136 6952 / 2136 6183 / 3920 7642 / 2136 6954

Fax: (852) 3170 6606

Email: agile@iprogilvy.com

Capital Markets Department

Email: ir@agile.com.cn

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