E160711521Ann.indd

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

BEIJING PROPERTIES (HOLDINGS) LIMITED

北京建 設( 控股 )有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 925) CLARIFICATION ANNOUNCEMENT MAJOR AND CONNECTED TRANSACTIONS IN RELATION TO THE ACQUISITION OF 60% OF THE TOTAL ISSUED SHARES OF ZHONG JIAN JIN BIAN JING JI TE QU LTD AND 60% OF SHAREHOLDER'S LOAN

Reference is made to the announcement of Beijing Properties (Holdings) Limited dated 4 July 2016 (the "Announcement"). Unless otherwise stated, terms used in this clarification announcement shall have the same meanings as those defined in the Announcement.

The Board would like to clarify that the definition of "Transactions" under the subsection headed "Definition" of the Announcement, which reads "the Acquisition, the acceptance by the Purchaser of the Put Option and the exercise of the Put Option by the Purchaser" shall be replaced in its entirety by "the Acquisition and the acceptance by the Purchaser of the Put Option".

In addition, the Board would like to clarify that the second paragraph on page 5 of the Announcement under subsection headed "Consideration", which reads "The Consideration was arrived at arm's length negotiations between the Parties with reference to, among others, the prevailing market price of the land similar to the Property of nearby areas and preliminary indicative average fair value of approximately US$35 per square metre of the Property, as assessed by an independent valuer engaged by the Company" shall be replaced in its entirety by "The Consideration was arrived at arm's length negotiations between the Parties with reference to, among others, the prevailing market price of the land similar to the Property and Transferring Properties of nearby areas and the preliminary indicative aggregate fair value of US$416,690,155 for the Property and the Transferring Properties, based on an indicative average fair value of approximately US$35 per square metre with respect to the Property and the Transferring Properties, as assessed by an independent valuer engaged by the Company"

Save as disclosed above, the contents of the Announcement remain unchanged.

By Order of the Board

Beijing Properties (Holdings) Limited Cheng Ching Fu

Company Secretary

Hong Kong, 8 July 2016

As at the date of this announcement, Mr. Qian Xu, Mr. Hu Yebi, Mr. Zhao Jiansuo, Mr. Siu Kin Wai, Mr. Yu Luning, Mr. Ang Renyi, Mr. Wan Lee Cham, Mr. Dong Qilin and Mr. Li Changfeng are the executive Directors; and Mr. Goh Gen Cheung, Mr. Zhu Wuxiang, Mr. James Chan, Mr. Song Lishui and Mr. Chan Yuk Cheung are the independent non-executive Directors.

Beijing Properties (Holdings) Limited published this content on 08 July 2016 and is solely responsible for the information contained herein.
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